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5800 Union Walk Dr
C+ Composite 61.49
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).

  • Cash flow +17.0/30.0
  • ARV discount +11.6/15.0
  • Appreciation +10.0/10.0
  • DSCR +5.3/10.0
  • 1% rule +4.6/10.0
  • Schools +4.5/10.0
  • Rent growth +3.1/5.0
  • Livability +2.9/5.0
  • Condition / age +2.5/5.0

$210,000

5800 Union Walk Dr · Union City, GA 30291
3 bd · 2.5 ba · 1,584 sqft · Townhouse public records · 20 Days on market
Built 2006 3,789 sqft lot Est $231k · 9% under ↓ 18% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Get ready to fall in love with 5800 Union Walk in Union City! - an incredible end-unit opportunity that delivers the space, privacy, and comfort buyers are looking for! From the moment you arrive, this home stands out with its desirable end-unit location, offering added privacy and a more open feel. Inside, you'll find a spacious layout perfect for both everyday living and entertaining, while the oversized owner's suite creates a true retreat with plenty of room to relax and recharge. Ideally located near major interstates, shopping, dining, and Hartsfield-Jackson Atlanta International Airport, this home offers the perfect blend of convenience and lifestyle. Whether you're searching for you

Key facts

  • Built 2006
  • Listed 20 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $210k.

Deal economics

  • At list price, monthly cash flow is $141 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $202k (3.7% below list).
  • Recommended offer: $202k (3.7% below list) — sets the bar for 1% rule.
  • Cap rate 7.1% vs local median 5.4% in Union City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 58/100 on livability (#443 in GA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
  • 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: Campbell Elementary School (math 27% / reading 22%, grade F, #753 of 1,228 statewide, top 64%, 568 students, 100% FRL); Renaissance Middle School (math 22% / reading 27%, grade F, #301 of 470 statewide, top 66%, 1,166 students, 71% FRL); Creekside High School (math 30% / reading 24%, grade F, #160 of 424 statewide, top 38%, 1,768 students, 100% FRL) — zoned schools average 90% FRL vs 41% district-wide (49 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 25% at this address vs 51% district-wide (-26 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 rising (+2.2%/yr); 167 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).

Forward outlook

  • In year one you build about $22k of equity ($1k loan paydown + $21k appreciation (10.0% local appreciation)).
  • Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 2.2% rent growth), your $59k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 20 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 3y 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.

Risks & watch-outs

  • Climate carrying-cost: moderate wind risk, 25% 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.
Recommended offer $202,217 (3.7% below list)

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. 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.
  5. 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.
  6. 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
0.96%
Cap rate
7.10%
Cash-on-cash
2.87%
DSCR
1.13
GRM
8.7

CMA / ARV

ARV (on-the-fly)
$231,264
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5800 Union Walk Dr 0.00mi 3/2.5 1,520 (-4%) 0mo $199,000 $131 93
5634 Union Pointe Dr 0.04mi 3/2.5 1,516 (-4%) 11mo $245,000 $162 82
5696 Union Pointe Dr 0.14mi 3/2.5 1,536 (-3%) 10mo $242,000 $158 80
5604 Union Pointe Dr 0.05mi 3/2.5 1,644 (+4%) 22mo $239,900 $146 73
5625 Union Pointe Dr 0.05mi 3/2.5 1,668 (+5%) 20mo $207,000 $124 73
5704 Union Pointe Dr 0.15mi 3/2.5 1,536 (-3%) 23mo $265,000 $173 69
5195 Lincoln Dr 0.73mi 3/2.5 1,458 (-8%) 5mo $213,500 $146 49

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 · 2.2% rent growth · sell at horizon

5-year hold
IRR
26.1%
Equity multiple
3.07×
Total profit
$121,753
Equity at exit
$189,185
10-year hold
IRR
22.7%
Equity multiple
6.93×
Total profit
$348,391
Equity at exit
$407,984

Cash invested: $58,800 (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
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

ZIP-level market 30291

Home prices YoY
11.1%
Rents YoY
2.2%
Active inventory
167
Price-to-rent
8.7×

Monthly cashflow live

Estimated rent
$2,022 high interval (Pro) →
Mortgage (P&I)
$1,101
Tax from tax record
$268 /mo · $3,216/yr
Insurance
$88
HOA
$0
Vacancy / Maint / Mgmt
$425
Net cashflow
$141

Break-even live

Break-even rent $1,844
Max offer price $210,000
Occupancy floor 88%

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
$52,500
Closing costs
$6,300
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5616 Union Pointe Dr Union City, GA 2.0 2.5 1387 $1,545 $1.11 43d 1 0.05mi
5530 Union Pointe Pl Union City, GA 3.0 2.0 1293 $1,650 $1.28 17d 1 0.06mi
5548 Union Pointe Pl Union City, GA 4.0 2.5 1763 $2,400 $1.36 43d 1 0.09mi
5458 Union Hill Ct Union City, GA 3.0 2.5 1650 $2,096 $1.27 24d 1 0.15mi
6115 Forrest Ave Union City, GA 4.0 2.0 1368 $1,690 $1.24 43d 1 0.32mi
4497 Ravenwood Dr Union City, GA 3.0 2.5 1694 $2,000 $1.18 20d 1 0.42mi
4497 Ravenwood Dr Union City, GA 3.0 2.5 1694 $2,000 $1.18 43d 1 0.42mi
5791 Blacktop Ct Fairburn, GA 4.0 2.5 1991 $2,423 $1.22 43d 1 0.42mi
4681 Ravenwood Loop Union City, GA 4.0 2.5 1593 $1,999 $1.25 43d 1 0.51mi
3234 Diamond Blf Union City, GA 4.0 2.5 1922 $2,360 $1.23 5d 1 0.54mi
4666 Ravenwood Loop Union City, GA 4.0 3.0 1916 $2,175 $1.14 24d 1 0.55mi
3228 Diamond Blf Union City, GA 4.0 2.5 1922 $2,195 $1.14 43d 1 0.58mi
6325 Raymond Ter Union City, GA 2.0 1.0 1624 $1,150 $0.71 43d 1 0.63mi
5207 Dixie Lake Rd Union City, GA 3.0 2.0 1516 $1,950 $1.29 43d 1 0.71mi
6540 Capitol Knl Fairburn, GA 3.0 3.5 1458 $1,920 $1.32 5d 1 0.74mi
5950 Stonewall Dr Unit 2 Union City, GA 3.0 1.5 1320 $1,495 $1.13 15d 1 0.75mi
5950 Stonewall Dr Unit 4 Union City, GA 3.0 1.0 1320 $1,445 $1.09 2d 1 0.75mi
6120 Longino Dr Union City, GA 4.0 2.0 1608 $1,835 $1.14 12d 1 0.77mi
6045 Capitol Knl Fairburn, GA 3.0 2.5 1366 $1,600 $1.17 43d 1 0.78mi
5140 Highpoint Rd Apt 27 Union City, GA 2.0 2.5 1290 $1,295 $1.00 12d 1 0.78mi
12076 Crosswicks Rd Union City, GA 3.0–4.0 2.0–2.5 1617 $2,731 $1.69 1d 6 0.79mi
4509 Ravenwood Pl Union City, GA 3.0 2.5 1394 $1,970 $1.41 12d 1 0.86mi
165 Fireside Way Fairburn, GA 4.0 3.0 2230 $2,396 $1.07 43d 1 0.87mi
12006 Crosswicks Rd Unit Sunshine Union City, GA 4.0 2.5 1821 $2,770 $1.52 3d 1 0.87mi
4037 Ravenwood Ct Union City, GA 2.0 2.5 1394 $1,595 $1.14 1d 1 0.88mi
4037 Ravenwood Ct Union City, GA 2.0 2.5 1394 $1,595 $1.14 15d 1 0.88mi
4037 Ravenwood Ct Union City, GA 2.0 2.5 1394 $1,595 $1.14 24d 1 0.88mi
4037 Ravenwood Ct Union City, GA 2.0 2.5 1394 $1,625 $1.17 43d 1 0.88mi
4122 Ravenwood Ct Union City, GA 3.0 3.0 1394 $1,849 $1.33 24d 1 0.88mi
8317 Hunters Grove Rd Union City, GA 4.0 2.5 1821 $5,500 $3.02 43d 1 0.94mi
220 Splitwood Ln Fairburn, GA 3.0 2.0 1424 $1,850 $1.30 43d 1 0.98mi
220 Splitwood Ln Fairburn, GA 3.0 2.0 1424 $1,850 $1.30 20d 1 0.98mi
220 Splitwood Ln Fairburn, GA 3.0 2.0 1424 $1,850 $1.30 5d 1 0.98mi
220 Splitwood Ln Fairburn, GA 3.0 2.0 1424 $1,850 $1.30 24d 1 0.98mi
12006 Crosswicks Rd Unit 105 Union City, GA 3.0 2.5 1413 $2,455 $1.74 43d 1 0.99mi
12006 Crosswicks Rd Union City, GA 4.0 3.0 1821 $3,468 $1.90 44d 1 0.99mi
12006 Crosswicks Rd Union City, GA 3.0 2.0 1413 $2,545 $1.80 15d 1 0.99mi
365 Elder St Fairburn, GA 3.0 2.5 1084 $1,625 $1.50 24d 1 1.06mi
4056 Robin Cir Atlanta, GA 3.0 2.5 1174 $1,895 $1.61 24d 1 1.15mi
4062 Robin Cir Atlanta, GA 3.0 3.0 1874 $1,910 $1.02 24d 1 1.16mi

Listing history 11 events

  1. 2026-04-14
    status Under Contract
  2. 2026-03-26
    listed $210,000 New
  3. 2026-03-24
    historical $210,000
  4. 2024-05-01
    historical $1,650
  5. 2024-04-30
    historical
  6. 2024-04-30
    historical
  7. 2024-04-11
    listed $1,650
  8. 2024-03-24
    price $235,999
  9. 2024-03-24
    price $235,999
  10. 2023-11-08
    listed $255,000 Active
  11. 2023-11-08
    listed $255,000 New

ⓘ 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
$3,216 · $268/mo
Projected year-2 tax
$3,216 · $268/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ 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 ≥103°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,266
− Mortgage interest
−$11,763
− Property taxes
−$3,216
− Insurance
−$1,050
− Repairs & maintenance
−$1,941
− Management
−$1,941
− Depreciation
−$6,109
Taxable loss
−$1,755
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$421
After-tax cash flow
$2,110/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 — Union City

Score
58/100
State rank
#443
US rank
#21281

Category grades

Amenities F Commute F Cost of living A+ Crime D+ Employment F Housing A+ Health & safety F User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Union City, GA
County
Fulton County · 1,094,430 people
City population
25,130
Metro
Atlanta-Sandy Springs-Alpharetta, GA
Population (ZIP)
25,130
Household income
$48,184
Rent vs Own
61.3% rent · 38.7% own
Severe rent burden
1778.0

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 (86%)
Race & ethnicity
Black 86% Hispanic / Latino 7% Two or more races 6% White 3%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Italian 1%
Foreign-born
5% · Canada
Languages at home
92% English-only · Spanish 6%

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
▲ 23.98%
Current HPI
239.3471
Rent YoY
▲ 2.20%
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

Price history

-17.6% since first listed
11 events — show timeline
  • 2026-04-14 Pending GAMLS
  • 2026-03-26 Listed $210,000 GAMLS
  • 2026-03-24 Coming Soon $210,000 GAMLS
  • 2024-05-01 Rental Removed $1,650 GAMLS
  • 2024-04-30 Listing Removed GAMLS
  • 2024-04-30 Listing Removed FMLS
  • 2024-04-11 Listed for Rent $1,650 GAMLS
  • 2024-03-24 Price Changed $235,999 FMLS
  • 2024-03-24 Price Changed $235,999 GAMLS
  • 2023-11-08 Listed $255,000 GAMLS
  • 2023-11-08 Listed $255,000 FMLS

Property tax history

+5.3%/yr

Latest (2025): $3,216 · +40.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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