2555 Flat Shoals Rd #1304 · South Fulton, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +14.7/15.0
- Appreciation +10.0/10.0
- Cash flow +8.9/30.0
- 1% rule +4.9/10.0
- Schools +4.5/10.0
- Rent growth +2.7/5.0
- DSCR +2.5/10.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
$189,999
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to the kind of home that feels easy the moment you walk in. Tucked inside a gated HOA community, this beautifully updated 3-bedroom, 2.5-bath townhome with a 1-car garage is move-in ready and filled with the everyday comforts buyers are looking for. From the moment you step inside, the home feels bright, open, and inviting - the kind of space where you can picture slow Saturday mornings, easy weeknight dinners, and friends gathered around without the home ever feeling like too much to maintain. The refreshed kitchen is a standout, featuring crisp white cabinetry, new granite countertops, stainless steel appliances, and plenty of space for both daily living and casual entertaining. The open flow into the dining and living areas makes the main level feel connected, comfortable, and practical. Upstairs, brand-new LVP flooring gives the bedrooms a fresh, modern feel, while soaring vaulted ceilings in every bedroom create the airy, spacious vibe buyers love. The owner's suite offers a true retreat at the end of the day, complete with a tiled shower, separate garden tub, and enough room to relax, reset, and exhale. Life here also comes with convenience built in. Residents enjoy controlled access, a swimming pool, playground, and exterior maintenance through the HOA. Even better, HOA dues include water and trash, adding real value and simplifying monthly expenses. Outside, the front yard has been enhanced with new sod and irrigation, giving the home a fresh, well-maintained first impression from the curb. With quick access to the airport, major highways, shopping, and everyday essentials, this home checks the boxes for comfort, location, and value. And here's the cherry on top: the seller is offering to pay 6 months of HOA dues with an acceptable offer. Financing available: Conventional, FHA, VA, Cash. Come tour this one and see why it just makes sense.
Key facts
- $450 HOA
- Garage
- Community pool
Property features AI
Finance
- Other: Directions: GPS; County: Fulton, GA
- HOA & community: Monthly association fee of $450; Association covers grounds maintenance, pest control, trash, and water; Community of 5 units
Exterior
- Parking: Garage (1 space)
- Utilities: Public water; Public sewer; Electric service: 110V and 220V (220V in garage); Electricity available; Phone available; Sewer available; Water available
- Home design: Two levels; Brick-front construction; Shingle roof; Slab foundation; Resale property; Fee simple ownership
- Construction: Brick front exterior; Shingle roof; Slab foundation
- Exterior features: Playground in community; Community pool; Concrete road access
Interior
- Kitchen: White cabinets; Eat-in kitchen; Gas cooktop; Dishwasher; Refrigerator
- Bedrooms: Three upper-level bedrooms; Oversized master bedroom
- Flooring: Hardwood; Tile
- Bathrooms: Two full bathrooms; One half bathroom; Master bath with separate tub and shower and soaking tub
- Heating & cooling: Central heating (electric); Central air
- Interior features: High-speed internet; Double-pane windows; 2+ shared/common walls; Lighting (interior/exterior)
- Laundry & utility: Laundry closet; Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath townhouse listed at $190k.
Deal economics
- At list price, monthly cash flow is $-153 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $163k (14.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (1.0% below list).
- Recommended offer: $163k (14.2% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Bethune Elementary School (math 17% / reading 22%, grade F, #878 of 1,228 statewide, top 75%, 524 students, 100% FRL); Banneker High School (math 24% / reading 75%, grade D+, #28 of 424 statewide, top 7%, 1,610 students, 100% FRL) — zoned schools average 100% FRL vs 41% district-wide (59 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 35% at this address vs 51% district-wide (-16 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
- Market conditions: Rents flat; 651 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
Forward outlook
- In year one you build about $20k of equity ($1k loan paydown + $19k appreciation (10.0% local appreciation)).
- Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 2, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 43 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $117k; list at $190k implies a 62% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: HOA is 24% of rent.
- Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 43 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.99% ✗
- Cap rate
- 5.33%
- Cash-on-cash
- -3.45%
- DSCR
- 0.85
- GRM
- 8.4
CMA / ARV
- ARV (median comp)
- $226,101
- List price
- $189,999
- Delta
- -15.97%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2555 Flat Shoals Rd #1405 | 0.04mi | 2/2.5 (-1) | 1,430 (0%) | 12mo | $219,000 | $153 | 84 |
| 2560 Picardy Cir N Unit A | 0.53mi | 3/2.5 | 1,426 (-0%) | 3mo | $140,000 | $98 | 73 |
| 2637 Rocky Ct | 0.58mi | 2/2.5 (-1) | 1,424 (-0%) | 1mo | $190,000 | $133 | 67 |
| 6001 Oak Bend Ct | 0.45mi | 3/2.5 | 1,456 (+2%) | 11mo | $240,000 | $165 | 67 |
| 2667 Rocky Ct | 0.60mi | 3/2.5 | 1,432 (+0%) | 8mo | $195,000 | $136 | 65 |
| 2555 Flat Shoals Rd #3105 | 0.14mi | 3/2.5 | 1,550 (+8%) | 23mo | $250,000 | $161 | 60 |
| 3473 Shoal Oak Ct | 0.55mi | 3/2.5 | 1,507 (+5%) | 11mo | $257,000 | $171 | 57 |
| 6374 Rockaway Rd | 0.53mi | 2/2.5 (-1) | 1,453 (+2%) | 15mo | $199,900 | $138 | 55 |
| 6000 Oak Bend Ct | 0.48mi | 3/2.5 | 1,504 (+5%) | 22mo | $260,000 | $173 | 50 |
| 6021 Oak Bend Ct | 0.45mi | 3/2.5 | 1,539 (+8%) | 22mo | $261,000 | $170 | 48 |
| 6106 Oak Bend Ct | 0.58mi | 3/2.5 | 1,513 (+6%) | 22mo | $265,000 | $175 | 45 |
| 5680 Hampton Ct | 0.63mi | 2/2.5 (-1) | 1,296 (-9%) | 12mo | $200,000 | $154 | 40 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 0.95% rent growth · sell at horizon
- IRR
- 21.1%
- Equity multiple
- 2.69×
- Total profit
- $90,162
- Equity at exit
- $171,166
- IRR
- 18.6%
- Equity multiple
- 6.01×
- Total profit
- $266,542
- Equity at exit
- $369,126
Cash invested: $53,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 90 Strongly Landlord-Friendly
- State Georgia
- 90 Strongly Landlord-Friendly · R+3
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 30349
- Home prices YoY
- 4.6%
- Rents YoY
- 0.9%
- Active inventory
- 651
- Price-to-rent
- 8.4×
Monthly cashflow live
- Estimated rent
- $1,881 high interval (Pro) →
- Mortgage (P&I)
- −$996
- Tax from tax record
- −$113 /mo · $1,361/yr
- Insurance
- −$79
- HOA
- −$450
- Vacancy / Maint / Mgmt
- −$395
- Net cashflow
- $-153
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $47,500
- Closing costs
- $5,700
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2555 Flat Shoals Rd #404 College Park, GA | 3.0 | 2.5 | 1408 | $1,700 | $1.21 | 24d | 1 | 0.09mi |
| 2555 Flat Shoals Rd #3005 Atlanta, GA | 3.0 | 2.5 | 1724 | $1,850 | $1.07 | 5d | 1 | 0.13mi |
| 2555 Flat Shoals Rd #401 Atlanta, GA | 3.0 | 2.5 | 1550 | $2,050 | $1.32 | 43d | 1 | 0.13mi |
| 6056 Carriage Ct Atlanta, GA | 3.0 | 2.0 | 1400 | $1,599 | $1.14 | 5d | 1 | 0.22mi |
| 320 Emerald Green Ct Atlanta, GA | 3.0 | 2.0 | 1575 | $2,050 | $1.30 | 43d | 1 | 0.28mi |
| 6090 Emerald Pointe Cir Atlanta, GA | 3.0 | 2.0 | 1200 | $1,875 | $1.56 | 18d | 1 | 0.30mi |
| 6120 Hemperly Rd Atlanta, GA | 4.0 | 2.5 | 1770 | $2,100 | $1.19 | 4d | 1 | 0.32mi |
| 6120 Hemperly Rd Atlanta, GA | 4.0 | 2.5 | 1770 | $2,100 | $1.19 | 24d | 1 | 0.32mi |
| 6027 Oak Bend Ct Riverdale, GA | 3.0 | 2.5 | 1530 | $2,070 | $1.35 | 5d | 1 | 0.45mi |
| 6560 Emerald Pointe Cir Atlanta, GA | 3.0 | 2.0 | 1309 | $1,500 | $1.15 | 22d | 1 | 0.46mi |
| 6278 Rockaway Rd Atlanta, GA | 3.0 | 2.5 | 1524 | $2,000 | $1.31 | 43d | 1 | 0.48mi |
| 6048 Oak Bend Ct Riverdale, GA | 3.0 | 2.5 | 1500 | $1,750 | $1.17 | 22d | 1 | 0.50mi |
| 2300 Flat Shoals Rd Unit 2 Riverdale, GA | 2.0 | 3.0 | 1000 | $1,425 | $1.43 | 24d | 1 | 0.51mi |
| 855 Old Rocky Rd Atlanta, GA | 3.0 | 2.0 | 1310 | $1,710 | $1.31 | 24d | 1 | 0.52mi |
| 2865 Spruce Point Rd Atlanta, GA | 4.0 | 2.0 | 1050 | $1,910 | $1.82 | 43d | 1 | 0.54mi |
| 6078 Oak Bend Ct Riverdale, GA | 3.0 | 2.5 | 1622 | $1,800 | $1.11 | 24d | 1 | 0.54mi |
| 2592 Rocky Ct Atlanta, GA | 2.0 | 2.5 | 1424 | $2,000 | $1.40 | 43d | 1 | 0.60mi |
| 5690 Hampton Ct Atlanta, GA | 2.0 | 3.0 | 1184 | $1,495 | $1.26 | 43d | 1 | 0.61mi |
| 2667 Rocky Ct Atlanta, GA | 3.0 | 2.5 | 1432 | $2,200 | $1.54 | 43d | 1 | 0.62mi |
| 5460 Hampton Ct Atlanta, GA | 2.0 | 3.5 | 1554 | $1,500 | $0.97 | 43d | 1 | 0.71mi |
| 3105 Garnet Way Atlanta, GA | 3.0 | 2.0 | 1470 | $1,660 | $1.13 | 12d | 1 | 0.74mi |
| 6230 Cedar Wood Dr Atlanta, GA | 3.0 | 2.0 | 1238 | $1,694 | $1.37 | 43d | 1 | 0.75mi |
| 6368 Olmadison Pl Atlanta, GA | 3.0 | 2.5 | 1428 | $1,656 | $1.16 | 11d | 1 | 0.80mi |
| 6370 Olmadison Pl Atlanta, GA | 3.0 | 2.5 | 1440 | $1,795 | $1.25 | 43d | 1 | 0.80mi |
| 2500 Pleasant Hill Rd Atlanta, GA | 2.0–3.0 | 1.5–2.5 | 1405 | $1,449 | $1.03 | 24d | 2 | 0.80mi |
| 2184 Olmadison Vw Atlanta, GA | 2.0 | 2.0 | 1236 | $1,985 | $1.61 | 18d | 1 | 0.85mi |
| 6345 Peppermill Ln Atlanta, GA | 3.0 | 2.5 | 1224 | $1,800 | $1.47 | 43d | 1 | 0.88mi |
| 2285 Bigwood Trl Atlanta, GA | 3.0 | 2.5 | 1580 | $1,740 | $1.10 | 2d | 1 | 0.94mi |
| 6165 Radford Dr Riverdale, GA | 3.0 | 2.0 | 1232 | $1,799 | $1.46 | 24d | 1 | 0.94mi |
| 6165 Radford Dr Riverdale, GA | 3.0 | 2.0 | 1232 | $1,695 | $1.38 | 5d | 1 | 0.94mi |
| 6165 Radford Dr Riverdale, GA | 3.0 | 2.0 | 1232 | $1,799 | $1.46 | 43d | 1 | 0.94mi |
| 6165 Radford Dr Riverdale, GA | 3.0 | 2.0 | 1232 | $1,750 | $1.42 | 22d | 1 | 0.94mi |
| 2373 Bigwood Trl Atlanta, GA | 3.0 | 2.5 | 1566 | $1,845 | $1.18 | 24d | 1 | 0.95mi |
| 2310 Bigwood Trl Atlanta, GA | 3.0 | 2.5 | 1580 | $2,600 | $1.65 | 24d | 1 | 0.95mi |
| 6450 Peppermill Ln Atlanta, GA | 4.0 | 2.0 | 1188 | $1,531 | $1.29 | 24d | 1 | 0.95mi |
| 5410 Twin Lakes Dr Atlanta, GA | 3.0 | 2.0 | 1277 | $2,040 | $1.60 | 43d | 1 | 1.00mi |
| 5335 Willow Park Blvd Atlanta, GA | 4.0 | 2.5 | 1716 | $2,000 | $1.17 | 43d | 1 | 1.00mi |
| 5866 Summerglen Ln Atlanta, GA | 3.0 | 2.0 | 1400 | $1,450 | $1.04 | 43d | 1 | 1.03mi |
| 5712 Westhill Cir Atlanta, GA | 4.0 | 2.0 | 1441 | $1,710 | $1.19 | 3d | 1 | 1.04mi |
| 5645 Deerfield Trl Atlanta, GA | 3.0 | 1.5 | 1496 | $1,495 | $1.00 | 22d | 1 | 1.05mi |
HOA detail
- Monthly dues
- $450 · $5,400/yr
- Likely covers
- watertrashexterior maint.poolsecurity
Listing history 28 events
-
2026-06-18days on market $189,999 Active 43 DOM
-
2026-06-17days on market $189,999 Active 42 DOM
-
2026-06-16days on market $189,999 Active 41 DOM
-
2026-06-15days on market $189,999 Active 40 DOM
-
2026-06-13days on market $189,999 Active 38 DOM
-
2026-06-09days on market $189,999 Active 34 DOM
-
2026-06-08days on market $189,999 Active 33 DOM
-
2026-06-07days on market $189,999 Active 32 DOM
-
2026-06-04days on market $189,999 Active 29 DOM
-
2026-06-03days on market $189,999 Active 28 DOM
-
2026-06-01days on market $189,999 Active 26 DOM
-
2026-05-31days on market $189,999 Active 25 DOM
-
2026-05-06$190,000 Active 1178-char remark
-
2026-05-05historical
-
2026-03-10price $200,000
-
2026-01-06$215,000 New
Show marketing remark (1906 chars)
Welcome to the kind of home that feels easy the moment you walk in. Tucked inside a gated HOA community, this beautifully updated 3-bedroom, 2.5-bath townhome with a 1-car garage is move-in ready and filled with the everyday comforts buyers are looking for. From the moment you step inside, the home feels bright, open, and inviting - the kind of space where you can picture slow Saturday mornings, easy weeknight dinners, and friends gathered around without the home ever feeling like too much to maintain. The refreshed kitchen is a standout, featuring crisp white cabinetry, new granite countertops, stainless steel appliances, and plenty of space for both daily living and casual entertaining. The open flow into the dining and living areas makes the main level feel connected, comfortable, and practical. Upstairs, brand-new LVP flooring gives the bedrooms a fresh, modern feel, while soaring vaulted ceilings in every bedroom create the airy, spacious vibe buyers love. The owner's suite offers a true retreat at the end of the day, complete with a tiled shower, separate garden tub, and enough room to relax, reset, and exhale. Life here also comes with convenience built in. Residents enjoy controlled access, a swimming pool, playground, and exterior maintenance through the HOA. Even better, HOA dues include water and trash, adding real value and simplifying monthly expenses. Outside, the front yard has been enhanced with new sod and irrigation, giving the home a fresh, well-maintained first impression from the curb. With quick access to the airport, major highways, shopping, and everyday essentials, this home checks the boxes for comfort, location, and value. And here's the cherry on top: the seller is offering to pay 6 months of HOA dues with an acceptable offer. Financing available: Conventional, FHA, VA, Cash. Come tour this one and see why it just makes sense.
-
2026-01-06$190,000 New
Show marketing remark (1906 chars)
Welcome to the kind of home that feels easy the moment you walk in. Tucked inside a gated HOA community, this beautifully updated 3-bedroom, 2.5-bath townhome with a 1-car garage is move-in ready and filled with the everyday comforts buyers are looking for. From the moment you step inside, the home feels bright, open, and inviting - the kind of space where you can picture slow Saturday mornings, easy weeknight dinners, and friends gathered around without the home ever feeling like too much to maintain. The refreshed kitchen is a standout, featuring crisp white cabinetry, new granite countertops, stainless steel appliances, and plenty of space for both daily living and casual entertaining. The open flow into the dining and living areas makes the main level feel connected, comfortable, and practical. Upstairs, brand-new LVP flooring gives the bedrooms a fresh, modern feel, while soaring vaulted ceilings in every bedroom create the airy, spacious vibe buyers love. The owner's suite offers a true retreat at the end of the day, complete with a tiled shower, separate garden tub, and enough room to relax, reset, and exhale. Life here also comes with convenience built in. Residents enjoy controlled access, a swimming pool, playground, and exterior maintenance through the HOA. Even better, HOA dues include water and trash, adding real value and simplifying monthly expenses. Outside, the front yard has been enhanced with new sod and irrigation, giving the home a fresh, well-maintained first impression from the curb. With quick access to the airport, major highways, shopping, and everyday essentials, this home checks the boxes for comfort, location, and value. And here's the cherry on top: the seller is offering to pay 6 months of HOA dues with an acceptable offer. Financing available: Conventional, FHA, VA, Cash. Come tour this one and see why it just makes sense.
-
2020-01-13soldstatus $117,000
-
2019-12-19soldstatus $117,000 Closed
-
2019-11-25status Pending
-
2019-10-25price $120,000
-
2019-10-10price $125,000
-
2019-10-10status Active
-
2019-10-04status Pending
-
2019-09-30price $129,900
-
2019-09-09$135,000 Active
-
2008-05-10soldstatus $115,900
-
2008-04-01$112,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast GA · Resets to sale price
- Current annual tax
- $1,361 · $113/mo
- Projected year-2 tax
- $1,748 · $146/mo
- Expected delta
- +$387/yr (+$32/mo · 28.5%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
- Wind 5/10 Major 26% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,572
- − Mortgage interest
- −$10,643
- − Property taxes
- −$1,361
- − Insurance
- −$950
- − Repairs & maintenance
- −$1,806
- − Management
- −$1,806
- − HOA
- −$5,400
- − Depreciation
- −$5,527
- Taxable loss
- −$4,921
- Est. tax savings @ 24.0%
- +$1,181
- After-tax cash flow
- $-655/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Fulton County
- NCES district ID
- 1302280
- Math proficiency
- 49% ▼ -2.00%
- Reading proficiency
- 53% ▬ 0.00%
- Median HH income
- $68,035
- Composite
- 45.33/100
- National rank
- #2640
- State rank
- #12 of 174 in GA
Livability — South Fulton
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- South Fulton, GA
- County
- Fulton County · 1,094,430 people
- City population
- 127,674
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 79,872
- Household income
- $67,023
- Rent vs Own
- Severe rent burden
- 4258.0
Population outlook (Fulton County) Hauer SSP2
- Today (2025)
- 1,203,707 people
- By 2030
- 1,299,706 · +8.0%
- By 2040
- 1,488,256 · +23.6%
- By 2050
- 1,664,580 · +38.3%
- By 2075
- 2,036,072 · +69.2%
- By 2100
- 2,222,402 · +84.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (89%)
- Race & ethnicity
- Black 89% Hispanic / Latino 5% Two or more races 4% White 3%
- Foreign-born
- 9% · Canada
- Languages at home
- 88% English-only · Spanish 6% French/Haitian/Cajun 1%
Political lean MEDSL · Fulton
- 2024 margin
- Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
- 2008→2024 swing
- +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
- All cycles
- 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 18.01%
- Current HPI
- 407.99
- Rent YoY
- ▲ 0.95%
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- State GDP YoY
- ▲ 2.66%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in GA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Paper / Packaging | 2 | $29B |
|
||
| Retail | 1 | $160B |
|
||
| Transportation / Logistics | 1 | $91B |
|
||
| Airlines | 1 | $62B |
|
||
| Consumer Goods | 1 | $47B |
|
||
| Utilities | 1 | $25B |
|
||
Price history
+68.3% since first listed18 events — show timeline
- 2026-05-24 Price Changed $189,999 GAMLS
- 2026-05-24 Price Changed $189,999 FMLS
- 2026-05-06 Listed $190,000 FMLS
- 2026-05-05 Listing Removed — GAMLS
- 2026-03-10 Price Changed $200,000 GAMLS
- 2026-01-06 Listed $215,000 GAMLS
- 2026-01-06 Listed $190,000 GAMLS
- 2020-01-13 Sold (Public Records) $117,000 Public Records
- 2019-12-19 Sold (MLS) $117,000 FMLS
- 2019-11-25 Pending — FMLS
- 2019-10-25 Price Changed $120,000 FMLS
- 2019-10-10 Price Changed $125,000 FMLS
- 2019-10-10 Relisted — FMLS
- 2019-10-04 Pending — FMLS
- 2019-09-30 Price Changed $129,900 FMLS
- 2019-09-09 Listed $135,000 FMLS
- 2008-05-10 Sold (MLS) $115,900 FMLS
- 2008-04-01 Listed $112,900 FMLS
Property tax history
-0.9%/yrLatest (2025): $1,361 · +4.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…