372 Second St · Forest Park, GA 30297

$172,000

3 bd · 1.0 ba · 1,383 sqft · MultiFamily public records · 74 Days on market

Built 1950 7,492 sqft lot

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Why this score? — see what drove the D 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 +16.7/30.0
• ARV discount +7.5/15.0
• DSCR +5.2/10.0
• 1% rule +4.0/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.3/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

Key facts

• Spacious backyard
• Renovated ranch
• Granite countertops

Tags

• RENOVATED RANCH
• NEW HVAC SYSTEM
• ENERGY-EFFICIENT WINDOWS
• GRANITE COUNTERTOPS
• UPDATED KITCHEN CABINETRY
• SPACIOUS BACKYARD

Property features AI

Finance

• Other: Lot size about 0.17 acres
• HOA & community: No HOA

Exterior

• Parking: Detached garage; 2 parking spaces
• Utilities: Public water; Public sewer; 220V electric; Other utilities
• Home design: Single-family house; One level; Residential property
• Construction: Built in 1950
• Exterior features: Lot includes other features; Composition roof; Wood siding

Interior

• Kitchen: Refrigerator included
• Bedrooms: 3 bedrooms on the main level
• Flooring: Hardwood flooring
• Bathrooms: 1 full bathroom (main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Updated/remodeled interior; Other interior features
• Laundry & utility: No laundry hookups inside

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath multifamily listed at $172k.

Deal economics

• At list price, monthly cash flow is $106 ($1k/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 $155k (10.0% below list).
• Recommended offer: $155k (10.0% below list) — sets the bar for 1% rule.
• Cap rate 7.0% vs local median 5.2% in Forest Park — 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 65/100 on livability (#209 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A-; Watch: crime F, commute F, employment D-.
• Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fountain Elementary School (math 2% / reading 8%, grade F, #1,160 of 1,228 statewide, top 98%, 548 students, 90% FRL); Babb Middle School (math 24% / reading 34%, grade F, #249 of 470 statewide, top 55%, 888 students, 90% FRL); Forest Park High School (math 8% / reading 16%, grade F, #344 of 424 statewide, top 81%, 1,765 students, 90% FRL).
• Market conditions: Rents soft (-1.0%/yr); 134 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
• This rent runs 41% of the median local income ($45k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Clayton County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($162k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 10y ago; this cycle's ask has dropped $27k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $154,733 (10.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 10% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is F 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.90% ✗
• Cap rate: 7.03%
• Cash-on-cash: 2.64%
• DSCR: 1.12
• GRM: 9.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -15.4%
• Equity multiple: 0.47×
• Total profit: $-25,670
• Equity at exit: $25,646

10-year hold

• IRR: -12.6%
• Equity multiple: 0.35×
• Total profit: $-31,262
• Equity at exit: $14,871

Cash invested: $48,160 (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.

Methodology + full state rankings →

ZIP-level market 30297

• Home prices YoY: -29.5%
• Rents YoY: -1.0%
• Active inventory: 134
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,547 high
• Mortgage (P&I): −$902
• Tax from tax record: −$143 /mo · $1,712/yr
• Insurance: −$72
• HOA: −$0
• Vacancy / Maint / Mgmt: −$325
• Net cashflow: $106

Break-even live

Break-even rent $1,413

Max offer price $172,000

Occupancy floor 88%

Sensitivity live

Price	-10% $203	-5% $155	+0% $106	+5% $57	+10% $9
Rent	-10% $-16	-5% $45	+0% $106	+5% $167	+10% $228
Rate	-1.0pp $193	-0.5pp $150	base $106	+0.5pp $62	+1.0pp $16

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: $43,000
• Closing costs: $5,160
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
351 Kate Dr Forest Park, GA	3.0	2.5	1415	$1,524	$1.08	13d	1	0.07mi
521 Granade Dr Forest Park, GA	3.0	2.0	1024	$2,400	$2.34	7d	1	0.30mi
514 Bridge Ave Apt D6 Forest Park, GA	1.0–2.0	1.0	800	$1,203	$1.50	17d	4	0.37mi
4880 Hale Rd Unit B Forest Park, GA	2.0	1.0	1000	$895	$0.90	26d	1	0.47mi
433 North Ave Unit 433 Forest Park, GA	3.0	2.5	1694	$1,995	$1.18	6d	1	0.58mi
421 Springside Dr Forest Park, GA	3.0	1.5	1764	$1,750	$0.99	45d	1	0.60mi
676 Bridge Ave Forest Park, GA	2.0	1.0	919	$1,206	$1.31	26d	1	0.61mi
774 South Ave Forest Park, GA	3.0	2.0	1041	$1,825	$1.75	6d	1	0.76mi
5543 Pineridge Ct Forest Park, GA	3.0	2.5	1408	$1,595	$1.13	26d	1	0.82mi
5504 Moriah Ln Forest Park, GA	3.0	2.0	1320	$1,649	$1.25	0d	1	0.85mi
468 Cynthia Ln Forest Park, GA	4.0	2.0	1225	$1,610	$1.31	0d	1	0.87mi
4711 Waldrop Dr Unit W-L05 Forest Park, GA	2.0	1.0	1100	$1,295	$1.18	45d	1	1.03mi
4560 Burks Rd Forest Park, GA	2.0	1.0	952	$1,350	$1.42	45d	1	1.09mi
4663 Waldrop Dr Forest Park, GA	2.0	2.0	925	$1,095	$1.18	22d	1	1.09mi
5161 Phillips Dr Forest Park, GA	2.0	1.0	992	$1,400	$1.41	26d	1	1.14mi
5738 Old Dixie Hwy Forest Park, GA	1.0–2.0	1.0–1.5	996	$1,150	$1.15	45d	24	1.20mi
5598 Ash St Forest Park, GA	3.0	1.0	976	$1,500	$1.54	26d	1	1.22mi
969 Forest Ave Forest Park, GA	1.0–2.0	1.0	875	$1,300	$1.49	26d	1	1.28mi
415 Sylvia Dr Forest Park, GA	1.0–3.0	1.0–2.0	897	$1,458	$1.62	0d	11	1.28mi
828 Catherine St Forest Park, GA	3.0	1.0	1040	$1,440	$1.38	45d	1	1.29mi
5632 Cypress Dr Forest Park, GA	3.0	1.0	1040	$1,421	$1.37	0d	1	1.36mi
4735 Courtney Dr Forest Park, GA	1.0–2.0	1.0–1.5	800	$1,150	$1.44	18d	5	1.40mi
573 Evergreen Ter Unit 2 Forest Park, GA	2.0	1.0	900	$1,150	$1.28	46d	1	1.40mi
640 Oakdale Dr Forest Park, GA	3.0	1.0	1033	$1,450	$1.40	5d	1	1.40mi
228 Morrow Rd Forest Park, GA	1.0–3.0	1.0–2.5	1125	$1,534	$1.36	0d	33	1.42mi
4404 Currie Ct Forest Park, GA	3.0	2.0	1188	$1,595	$1.34	45d	1	1.45mi
575 Springwood Dr Forest Park, GA	2.0	1.0	1100	$1,550	$1.41	45d	1	1.48mi

Listing history 42 events

1. 2026-06-07
   statusdays on market $172,000 Under Contract 74 DOM
2. 2026-06-04
   days on market $172,000 Active 73 DOM
3. 2026-06-03
   days on market $172,000 Active 72 DOM
4. 2026-06-02
   days on market $172,000 Active 71 DOM
5. 2026-06-01
   days on market $172,000 Active 70 DOM
6. 2026-05-31
   days on market $172,000 Active 69 DOM
7. 2026-05-19
   status Back On Market
8. 2026-04-30
   historical
9. 2026-04-03
   status Back On Market
10. 2026-03-31
    historical
11. 2026-03-10
    status Back On Market
12. 2026-01-08
    status Under Contract
13. 2025-10-31
    historical
14. 2025-09-30
    status Back On Market
15. 2025-09-25
    status Under Contract
16. 2025-09-02
    status Back On Market
17. 2025-08-31
    historical
18. 2025-08-03
    status Back On Market
19. 2025-08-01
    historical
20. 2025-06-19
    price $175,000
21. 2025-04-10
    price $178,000
22. 2025-01-31
    soldstatus $159,000 Closed 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

23. 2025-01-31
    soldstatus $159,000 Sold

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

24. 2025-01-31
    soldstatus $159,000

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

25. 2025-01-22
    status Pending 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

26. 2025-01-22
    status Under Contract

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

27. 2025-01-20
    historical Active Under Contract 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

28. 2025-01-20
    historical Active Under Contract

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

29. 2025-01-14
    price $175,000

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

30. 2025-01-14
    price $175,000 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

31. 2024-12-20
    price $185,000 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

32. 2024-12-20
    price $185,000

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

33. 2024-12-09
    listed $172,000 New

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

34. 2024-12-09
    listed $185,000 New

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

35. 2024-12-09
    listed $199,000 Active 827-char remark

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

36. 2024-12-09
    listed $199,000 New

    Show marketing remark (827 chars)

    Discover the charm of this move-in ready all brick home, perfect for both owner-occupants or savvy investors. This home features brand new: HVAC system, windows, kitchen cabinets, granite countertops, bathroom, fresh paint throughout and more. Plus, the roof was replaced in 2020. Hardwood floors that span throughout the living room and three bedrooms, while tiled floors are found throughout the kitchen and dining area. The kitchen features sleek white cabinets, backsplash, granite countertops, and stainless steel appliances. The spacious, detached storage area offers extra space for storage or more flexibility. Enjoy the convenience of a fenced, flat backyard. Located just minutes from restaurants, shopping, schools, and more. Don't miss out,-schedule your viewing today and take the first step toward your new home!

37. 2017-04-01
    historical
38. 2017-02-06
    soldstatus $54,000
39. 2017-02-02
    soldstatus $54,000 Sold
40. 2016-11-28
    listed $59,900 New
41. 2016-11-14
    listed $59,900 Active
42. 1979-11-21
    soldstatus $28,500

ⓘ 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: $1,712 · $143/mo
• Projected year-2 tax: $1,712 · $143/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 5/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,568
• − Mortgage interest: −$9,635
• − Property taxes: −$1,712
• − Insurance: −$860
• − Repairs & maintenance: −$1,485
• − Management: −$1,485
• − Depreciation: −$5,004
• Taxable loss: −$1,613
• Est. tax savings @ 24.0%: +$387
• After-tax cash flow: $1,660/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: Clayton County
• NCES district ID: 1301230
• Math proficiency: 11% ▼ -13.00%
• Reading proficiency: 20% ▼ -9.00%
• Median HH income: $42,266
• Composite: 13.41/100
• National rank: #9527
• State rank: #155 of 174 in GA

Livability — Forest Park

• Score: 65/100
• State rank: #209
• US rank: #12698

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Forest Park, GA
• County: Clayton County · 230,153 people
• City population: 29,210
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 29,210
• Household income: $45,124
• Rent vs Own: 61.8% rent · 38.2% own
• Severe rent burden: 1359.0

Population outlook (Clayton County) Hauer SSP2

• Today (2025): 310,777 people
• By 2030: 329,762 · +6.1%
• By 2040: 368,052 · +18.4%
• By 2050: 401,196 · +29.1%
• By 2075: 472,488 · +52.0%
• By 2100: 500,446 · +61.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 52% Hispanic / Latino 27% White 10% Two or more races 10% Asian 6%
• Hispanic origin (detail): Mexican 19%
• Foreign-born: 18% · Canada, Vietnam, Jamaica
• Languages at home: 67% English-only · Spanish 26% Vietnamese 5% Other Asian/Pacific 1%

Political lean MEDSL · Clayton

• 2024 margin: Solid D (+69.2) · D 84.3% · R 15.1%
• 2008→2024 swing: +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
• All cycles: 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -96.04%
• Current HPI: 229.5016
• Rent YoY: ▼ -0.96%
• 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

+514.0% since first listed

36 events — show timeline

• 2026-05-19 Relisted — GAMLS
• 2026-04-30 Listing Removed — GAMLS
• 2026-04-03 Relisted — GAMLS
• 2026-03-31 Listing Removed — GAMLS
• 2026-03-10 Relisted — GAMLS
• 2026-01-08 Pending — GAMLS
• 2025-10-31 Listing Removed — GAMLS
• 2025-09-30 Relisted — GAMLS
• 2025-09-25 Pending — GAMLS
• 2025-09-02 Relisted — GAMLS
• 2025-08-31 Listing Removed — GAMLS
• 2025-08-03 Relisted — GAMLS
• 2025-08-01 Listing Removed — GAMLS
• 2025-06-19 Price Changed $175,000 GAMLS
• 2025-04-10 Price Changed $178,000 GAMLS
• 2025-01-31 Sold (Public Records) $159,000 Public Records
• 2025-01-31 Sold (MLS) $159,000 GAMLS
• 2025-01-31 Sold (MLS) $159,000 FMLS
• 2025-01-22 Pending — FMLS
• 2025-01-22 Pending — GAMLS
• 2025-01-20 Contingent — FMLS
• 2025-01-20 Contingent — GAMLS
• 2025-01-14 Price Changed $175,000 GAMLS
• 2025-01-14 Price Changed $175,000 FMLS
• 2024-12-20 Price Changed $185,000 FMLS
• 2024-12-20 Price Changed $185,000 GAMLS
• 2024-12-09 Listed $199,000 GAMLS
• 2024-12-09 Listed $199,000 FMLS
• 2024-12-09 Listed $185,000 GAMLS
• 2024-12-09 Listed $172,000 GAMLS
• 2017-04-01 Listing Removed — GAMLS
• 2017-02-06 Sold (Public Records) $54,000 Public Records
• 2017-02-02 Sold (MLS) $54,000 FMLS
• 2016-11-28 Listed $59,900 GAMLS
• 2016-11-14 Listed $59,900 FMLS
• 1979-11-21 Sold (Public Records) $28,500 Public Records

Property tax history

+3.5%/yr

Latest (2025): $1,712 · -9.3% YoY. Source: county tax records.