CashFlowRE
Sign in Sign up
6354 Shannon Pkwy Unit 2D 🏷️ Likely Rental
A Composite 87.98
Why this score? — see what drove the A 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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • Schools +4.5/10.0
  • Rent growth +3.1/5.0
  • Livability +2.9/5.0
  • Condition / age +2.5/5.0

$60,000

6354 Shannon Pkwy Unit 2D · Union City, GA 30291
3 bd · 2.5 ba · 1,536 sqft · Condo public records · 34 Days on market
Built 1974 $39/sqft · 41% below area Est $102k · 41% under $220/mo HOA · 12% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

|| INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for—and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here—you’re simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability—two things that matter when it comes to resale and rental performance. Yes, it needs TLC—but that’s exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households—EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That’s where your investment works for you—UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find—especially in established communities. If you’re looking for your next flip, rental, or long-term hold… this is one to run toward, not wait on.

Key facts

  • $220 HOA
  • 2 parking spots
  • Built 1974

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $60,000 price doesn't fit this home's estimated sale value (~$102,389) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath condo listed at $60k.

Deal economics

  • At list price, monthly cash flow is $840 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $60k).
  • Recommended offer: $58k (3.0% below list) — sets the bar for market timing.
  • Cap rate 23.1% 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+, schools F, amenities 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.
  • Market conditions: Rents rising (+2.2%/yr); 167 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 44% 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).
  • At $1,888/mo this rent would consume 47% of the median local household income ($48k/yr) (locally 1778% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $6k of equity ($415 loan paydown + $6k 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 $17k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 6, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 34 days — a 3% lower offer ($58k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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 $40k; list at $60k implies a 50% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $58,200 (3.0% below list)

Questions for the listing agent

  1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  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
3.15%
Cap rate
23.09%
Cash-on-cash
59.98%
DSCR
3.67
GRM
2.6

CMA / ARV

ARV (median comp)
$102,389
List price
$60,000
Delta
-41.40%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 2.2% rent growth · sell at horizon

5-year hold
IRR
71.5%
Equity multiple
6.05×
Total profit
$84,827
Equity at exit
$54,053
10-year hold
IRR
65.0%
Equity multiple
13.21×
Total profit
$205,129
Equity at exit
$116,567

Cash invested: $16,800 (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
2.6×

Monthly cashflow live

Estimated rent
$1,888 high interval (Pro) →
Mortgage (P&I)
$315
Tax from tax record
$92 /mo · $1,102/yr
Insurance
$25
HOA
$220
Vacancy / Maint / Mgmt
$396
Net cashflow
$840

Break-even live

Break-even rent $825
Max offer price $60,000
Occupancy floor 51%

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
$15,000
Closing costs
$1,800
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 39 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4500 Shannon Blvd Unit 7A Union City, GA 3.0 2.5 2205 $2,000 $0.91 43d 1 0.21mi
4500 Shannon Blvd Unit 7 Union City, GA 3.0 2.5 1503 $1,750 $1.16 4d 1 0.21mi
4500 Shannon Blvd Unit 7A Union City, GA 3.0 2.5 2205 $1,750 $0.79 24d 1 0.21mi
5400 Oakley Commons Blvd Union City, GA 2.0 2.0 1258 $1,257 $1.00 43d 1 0.24mi
4701 Flat Shoals Rd Union City, GA 3.0 2.5–3.0 1600 $1,775 $1.11 2d 1 0.32mi
4659 Shannon Ct Union City, GA 3.0 2.5 2030 $1,945 $0.96 43d 1 0.34mi
5150 Oakley Commons Blvd Union City, GA 3.0 2.5 1375 $1,675 $1.22 24d 1 0.42mi
6425 Oakley Rd Union City, GA 1.0–3.0 1.0–2.0 1037 $1,502 $1.45 4d 18 0.46mi
4483 Flat Shoals Rd Union City, GA 1.0–2.0 1.0–2.5 957 $1,495 $1.56 43d 1 0.48mi
3285 Oakley Pl Union City, GA 3.0 2.5 1350 $1,500 $1.11 43d 1 0.48mi
5201 Summer Brooke Ct Union City, GA 3.0 2.5 1484 $2,000 $1.35 1d 1 0.51mi
6350 Oakley Rd Union City, GA 3.0 2.0–2.5 1472 $1,796 $1.22 1d 4 0.52mi
5205 Alexander St Union City, GA 3.0 2.0 1326 $1,681 $1.27 43d 1 0.59mi
6340 Westbrook Ave Union City, GA 3.0 2.0 1800 $2,100 $1.17 43d 1 0.60mi
5200 Alexander St Union City, GA 3.0 2.0 1221 $1,695 $1.39 43d 1 0.61mi
6085 Mallory Rdg #32 Union City, GA 3.0 3.5 1540 $2,300 $1.49 43d 1 0.63mi
4312 Smithgall Ct Union City, GA 3.0 2.5 1433 $2,000 $1.40 18d 1 0.74mi
6596 Woodwell Dr Union City, GA 3.0 2.5 1804 $2,215 $1.23 12d 1 0.78mi
3791 Shenfield Dr Union City, GA 3.0 2.5 1784 $2,086 $1.17 10d 1 0.85mi
6150 Mallory Rd Atlanta, GA 3.0 2.0 1681 $1,695 $1.01 11d 1 0.98mi
4128 Flat Trl Union City, GA 3.0 2.5 1450 $1,700 $1.17 43d 1 1.03mi
3855 Shenfield Dr Union City, GA 3.0 2.5 1626 $1,895 $1.17 43d 1 1.08mi
6120 Longino Dr Union City, GA 4.0 2.0 1608 $1,835 $1.14 12d 1 1.08mi
5207 Dixie Lake Rd Union City, GA 3.0 2.0 1516 $1,950 $1.29 43d 1 1.08mi
3859 Shenfield Dr Union City, GA 4.0 2.5 1850 $2,000 $1.08 5d 1 1.09mi
4014 Carisbrook Dr Union City, GA 4.0 2.5 1795 $2,295 $1.28 22d 1 1.15mi
4014 Carisbrook Dr Union City, GA 4.0 2.5 1795 $2,295 $1.28 24d 1 1.15mi
4014 Carisbrook Dr Union City, GA 4.0 2.5 1795 $2,195 $1.22 5d 1 1.15mi
6225 Shenfield Ln Union City, GA 3.0 2.5 1821 $2,000 $1.10 43d 1 1.16mi
6325 Raymond Ter Union City, GA 2.0 1.0 1624 $1,150 $0.71 43d 1 1.22mi
5140 Highpoint Rd Apt 27 Union City, GA 2.0 2.5 1290 $1,295 $1.00 12d 1 1.27mi
5950 Stonewall Dr Unit 4 Union City, GA 3.0 1.0 1320 $1,445 $1.09 2d 1 1.36mi
5950 Stonewall Dr Unit 2 Union City, GA 3.0 1.5 1320 $1,495 $1.13 15d 1 1.36mi
313 Ashigan St Union City, GA 3.0 2.5 1529 $1,775 $1.16 22d 1 1.40mi
306 Ashigan St Union City, GA 3.0 2.5 1560 $1,695 $1.09 43d 1 1.42mi
7200 Grosbeak St Union City, GA 2.0 2.5 1560 $1,500 $0.96 43d 1 1.42mi
7190 Gotland St Union City, GA 2.0 2.5 1500 $1,450 $0.97 12d 1 1.42mi
4456 Pinscher St Union City, GA 3.0 2.5 1560 $1,600 $1.03 43d 1 1.45mi
4050 Morgan Rd Union City, GA 1.0–3.0 1.0–2.0 988 $1,750 $1.77 5d 21 1.47mi

HOA detail condo

Monthly dues
$220 · $2,640/yr
Likely covers
pool
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 8 events

  1. 2026-06-18
    days on market $60,000 Active 34 DOM
  2. 2026-06-17
    statusdays on market $60,000 Active 33 DOM
  3. 2026-05-16
    status Pending 1844-char remark
    Show marketing remark (1844 chars)

    || INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for—and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here—you’re simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability—two things that matter when it comes to resale and rental performance. Yes, it needs TLC—but that’s exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households—EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That’s where your investment works for you—UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find—especially in established communities. If you’re looking for your next flip, rental, or long-term hold… this is one to run toward, not wait on.

  4. 2026-05-11
    status Under Contract 1773-char remark
    Show marketing remark (1844 chars)

    || INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for—and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here—you’re simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability—two things that matter when it comes to resale and rental performance. Yes, it needs TLC—but that’s exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households—EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That’s where your investment works for you—UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find—especially in established communities. If you’re looking for your next flip, rental, or long-term hold… this is one to run toward, not wait on.

  5. 2026-05-11
    historical Active Under Contract 1844-char remark
    Show marketing remark (1844 chars)

    || INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for—and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here—you’re simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability—two things that matter when it comes to resale and rental performance. Yes, it needs TLC—but that’s exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households—EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That’s where your investment works for you—UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find—especially in established communities. If you’re looking for your next flip, rental, or long-term hold… this is one to run toward, not wait on.

  6. 2026-04-13
    listed $60,000 Active 1844-char remark
    Show marketing remark (1773 chars)

    || INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for-and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here-you're simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability-two things that matter when it comes to resale and rental performance. Yes, it needs TLC-but that's exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households-EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That's where your investment works for you-UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find-especially in established communities. If you're looking for your next flip, rental, or long-term hold... this is one to run toward, not wait on.

  7. 2026-04-13
    listed $60,000 New 1773-char remark
    Show marketing remark (1773 chars)

    || INVESTOR SPECIAL || || PRICED BELOW POTENTIAL || || 3 BED / 3 BATH || || 2-STORY WITH VALUE-ADD UPSIDE || || PRIME LOCATION IN COMMUNITY || || STRONG RENTAL OR RESALE PLAY || This is the kind of deal investors wait for-and the reason they move fast. Located in Old Virginia Condominiums, this 3 BEDROOM, 3 BATH, TWO-STORY condo is PRICED TO REFLECT THE WORK NEEDED, giving you immediate entry at a number that leaves room for real upside. With a SPACIOUS LAYOUT and solid previous renovations already in place, the foundation is here-you're simply unlocking the next level of value. Positioned NEAR THE ENTRANCE of the community (a HIGH-DEMAND LOCATION within the complex), this unit offers added convenience and long-term desirability-two things that matter when it comes to resale and rental performance. Yes, it needs TLC-but that's exactly why the opportunity exists. Run the numbers: light to moderate updates could quickly transform this into a strong RENTAL PROPERTY or a profitable resale. The 3 BED / 3 BATH layout is ideal for maximizing rental income, roommate scenarios, or appealing to larger households-EXPANDING YOUR BUYER OR TENANT POOL instantly. During the day, future tenants or owners will enjoy the space and functionality. Evenings and weekends? That's where your investment works for you-UPGRADES THAT BUILD EQUITY, improvements that increase rents, and a property that becomes more valuable with every smart decision. SOLD AS IS, this is a TRUE VALUE-ADD OPPORTUNITY in a location that supports it. Deals where PRICE, SIZE, LOCATION, and UPSIDE all align like this are getting harder to find-especially in established communities. If you're looking for your next flip, rental, or long-term hold... this is one to run toward, not wait on.

  8. 1986-10-14
    soldstatus $40,000

ⓘ 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
$1,102 · $92/mo
Projected year-2 tax
$1,102 · $92/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 ≥104°F today · 19 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 · 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
$22,652
− Mortgage interest
−$3,361
− Property taxes
−$1,102
− Insurance
−$300
− Repairs & maintenance
−$1,812
− Management
−$1,812
− HOA
−$2,640
− Depreciation
−$1,745
Taxable income
$9,879
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,371
After-tax cash flow
$7,706/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

+50.0% since first listed
6 events — show timeline
  • 2026-05-16 Pending FMLS
  • 2026-05-11 Pending GAMLS
  • 2026-05-11 Contingent FMLS
  • 2026-04-13 Listed $60,000 GAMLS
  • 2026-04-13 Listed $60,000 FMLS
  • 1986-10-14 Sold (Public Records) $40,000 Public Records

Property tax history

+1.8%/yr

Latest (2025): $1,102 · +44.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…