1986 Memorial Dr SE · Atlanta, GA 30317

$524,900

3 bd · 3.5 ba · 1,820 sqft · SingleFamily public records · 72 Days on market

Built 2022 6,969 sqft lot $288/sqft · 16% below area Est $690k · 24% under

---

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).

• ARV discount +15.0/15.0
• Cash flow +8.3/30.0
• Livability +4.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Rent growth +2.0/5.0
• 1% rule +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

MAJOR $$$ CORRECTION. JUST THREE YEARS OLD THIS QUALITY BUILT 3/3.5 FEATURES AN OPEN FLOOR PLAN, BEAUTIFUL KITCHEN AND DELUXE BATHROOMS....PLUS IT HAS A LARGE "GROUND" LEVEL DECK AND A BIG LEVEL PRIVACY FENCED IN YARD. The entire house features LV flooring and fully tiled bathrooms. Highlights in the kitchen include a designated breakfast area, premium all white 42" cabinets, quartz countertops, tile backsplash, a tremendous breakfast island with seating and storage plus Energy Star appliances and a walk in pantry. Utilize the main level en suite bedroom for guests or home office. The bathroom features an all tiled walk in shower. The main level also has a large half bath and full size laundry room. Upstairs you'll find a the primary bedroom with walk in closet and a very sharp bathroom featuring double sinks, free standing tub and large walk in shower. The secondary bedroom upstairs also has a beautifully tiled bathroom. With EAST LAKE at your front door and KIRKWOOD at your back this vibrant location offers everything from trending eateries to world class golf. Minutes away from EMORY UNIVERSITY and DOWNTOWN ATLANTA you've really gotta check out the dynamic floor plan of this custom built three year old home. The expansive growth of the area is apparent by new construction "town-homes"communities (priced up to $850K) being built in every direction. But if you're searching for a well designed SINGLE FAMILY HOME without common walls and no monthly HOA dues be sure to preview this home. Parking on the front driveway and turn around area will accommodate 3-4 cars. There is also an additional parking space on the other side of the double wooden gates. Use all of the neighborhood sidewalks to enjoy the many parks, restaurants, schools and The EAST LAKE YMCA just minutes away from your front door.

Key facts

• 6,969 sq ft lot
• 4 parking spots
• Built 2022

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath single-family listed at $525k.

Deal economics

• At list price, monthly cash flow is $-481 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $440k (16.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $344k (34.4% below list).
• Recommended offer: $344k (34.4% below list) — sets the bar for 1% rule.
• Cap rate 5.2% vs local median 3.1% in Atlanta — 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 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: schools C-, cost of living C-.
• Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-2.1%/yr); 158 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 38% of the median local income ($108k/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 $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($493k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 5y 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, 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.

Recommended offer $344,370 (34.4% below list)

Questions for the listing agent

1. 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?
2. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 34% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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.
7. 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.
8. 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: 0.66% ✗
• Cap rate: 5.19%
• Cash-on-cash: -3.93%
• DSCR: 0.83
• GRM: 12.7

CMA / ARV

• ARV (median comp): $689,782
• List price: $524,900
• Delta: -23.90%
• 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
135 Palatka St SE	0.13mi	4/2.5 (+1)	1,721 (-5%)	2mo	$690,000	$401	74
1640 Eastport Ter SE	0.28mi	3/2.0	1,728 (-5%)	2mo	$530,000	$307	71
83 Bates Ave SE	0.30mi	3/2.5	1,972 (+8%)	2mo	$975,000	$494	66
66 Bates Ave SE	0.34mi	3/2.0	1,704 (-6%)	2mo	$669,250	$393	66
477 S Howard St SE	0.55mi	3/2.0	1,764 (-3%)	5mo	$395,000	$224	59
98 Rockyford Rd NE	0.59mi	3/2.0	1,736 (-5%)	1mo	$745,000	$429	58
424 Wilkinson Dr SE	0.54mi	3/2.0	1,708 (-6%)	1mo	$270,000	$158	58
293 Warren St SE	0.31mi	3/2.0	2,050 (+13%)	2mo	$499,000	$243	57
2170 Memorial Dr SE	0.34mi	4/3.0 (+1)	2,022 (+11%)	3mo	$350,000	$173	56
1920 Delano Dr NE	0.56mi	3/2.0	1,708 (-6%)	7mo	$702,500	$411	52
1736 Oakview Rd	0.68mi	3/2.5	1,564 (-14%)	1mo	$700,000	$448	40
199 Locust St NE	0.75mi	3/2.0	2,011 (+10%)	2mo	$782,000	$389	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -25.9%
• Equity multiple: 0.14×
• Total profit: $-126,014
• Equity at exit: $78,264

10-year hold

• IRR: -33.9%
• Equity multiple: -0.29×
• Total profit: $-189,059
• Equity at exit: $45,384

Cash invested: $146,972 (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 30317

• Rents YoY: -2.1%
• Active inventory: 158
• Price-to-rent: 12.7×

Monthly cashflow live

• Estimated rent: $3,444 high
• Mortgage (P&I): −$2,753
• Tax from tax record: −$231 /mo · $2,766/yr
• Insurance: −$219
• HOA: −$0
• Vacancy / Maint / Mgmt: −$723
• Net cashflow: $-481

Break-even live

Break-even rent $4,053

Max offer price $439,871

Occupancy floor —

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: $131,225
• Closing costs: $15,747
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1540 Millwood Pl SE Atlanta, GA	3.0	3.5	1440	$3,000	$2.08	43d	1	0.13mi
1919 Bixby St SE Atlanta, GA	3.0	3.0	2516	$6,500	$2.58	1d	1	0.14mi
71 Howard St SE Atlanta, GA	1.0–2.0	1.0–2.0	1031	$2,611	$2.53	1d	9	0.17mi
202 Warren St SE Atlanta, GA	3.0	2.0	1466	$2,500	$1.71	18d	1	0.18mi
277 Clifton St SE Atlanta, GA	1.0–3.0	1.0–3.5	1175	$3,738	$3.18	2d	7	0.56mi
241 Maynard Ter SE #5 Atlanta, GA	3.0	2.0	1932	$2,645	$1.37	24d	1	0.63mi
241 Maynard Ter SE #16 Atlanta, GA	3.0	3.5	2231	$7,000	$3.14	10d	1	0.64mi
460 E Lake Blvd SE Atlanta, GA	1.0–2.0	1.0–2.0	1104	$1,699	$1.54	2d	6	0.76mi
2347 Hosea L Williams Dr SE #8 Atlanta, GA	3.0	3.5	2400	$4,495	$1.87	19d	1	0.77mi
2347 Hosea L Williams Dr SE #8 Atlanta, GA	3.0	3.5	2400	$4,495	$1.87	1d	1	0.77mi
254 2nd Ave SE Atlanta, GA	3.0	2.0	1715	$2,895	$1.69	3d	1	0.79mi
2330 1st Ave NE Atlanta, GA	3.0	3.0	2016	$8,100	$4.02	1d	1	0.81mi
1761 Terry Mill Rd SE Atlanta, GA	3.0	1.5	1296	$1,900	$1.47	16d	1	0.89mi
2424 Memorial Dr SE #4 Atlanta, GA	3.0	3.5	2000	$3,250	$1.62	24d	1	0.89mi
195 Arizona Ave NE Atlanta, GA	2.0	2.0	1263	$2,948	$2.33	13d	2	0.91mi
256 Casson St NE Atlanta, GA	4.0	3.0	1846	$4,995	$2.71	24d	1	0.96mi
1867 Gordon Mnr NE Atlanta, GA	3.0	3.5	2438	$4,200	$1.72	19d	1	0.99mi
250 Arizona Ave NE Atlanta, GA	1.0–2.0	1.0–2.5	1124	$2,689	$2.39	2d	4	0.99mi
1436 Walker Pl SE Atlanta, GA	3.0	3.5	1700	$3,050	$1.79	24d	1	1.01mi
1881 2nd Ave Decatur, GA	3.0	1.0–2.5	1010	$3,761	$3.72	2d	60	1.03mi
1892 Terry Mill Rd SE Atlanta, GA	4.0	2.0	1925	$2,975	$1.55	43d	1	1.06mi
2000 Bencal Dr SE Atlanta, GA	3.0	2.0	1500	$1,850	$1.23	24d	1	1.10mi
1422 Metropolitan Ave SE Atlanta, GA	2.0	2.0	1332	$2,800	$2.10	24d	1	1.10mi
1365 Memorial Dr SE #9 Atlanta, GA	2.0	2.5	1300	$4,000	$3.08	24d	1	1.12mi
1936 McLendon Ave NE Atlanta, GA	4.0	3.5	2435	$7,900	$3.24	1d	1	1.16mi
2062 Bencal Dr SE Atlanta, GA	3.0	2.0	1260	$1,650	$1.31	24d	1	1.21mi
220 Mayson Ave NE Atlanta, GA	3.0	2.0	2342	$4,250	$1.81	18d	1	1.22mi
285 Mayson Ave NE Atlanta, GA	2.0	1.0–2.0	943	$3,402	$3.61	1d	25	1.26mi
1369 Glenwood Ave SE Atlanta, GA	3.0	2.0	1700	$3,200	$1.88	24d	1	1.27mi
1326 Hosea L Williams Dr NE Atlanta, GA	3.0	1.5	1516	$2,800	$1.85	5d	1	1.28mi
205 Whitefoord Ave NE Unit A Atlanta, GA	4.0	3.0	1922	$4,500	$2.34	17d	1	1.32mi
1267 Wylie St SE Unit NA Atlanta, GA	2.0	2.0	1870	$2,490	$1.33	13d	1	1.36mi
1930 Flat Shoals Rd SE Atlanta, GA	1.0–2.0	1.0–1.5	1045	$1,479	$1.42	5d	17	1.37mi
198 La France Walk Atlanta, GA	2.0	2.0	1433	$2,900	$2.02	11d	1	1.37mi
198 La France Walk Atlanta, GA	2.0	2.5	1433	$2,900	$2.02	24d	1	1.37mi
198 La France Walk Atlanta, GA	2.0	3.0	1433	$2,900	$2.02	12d	1	1.37mi
1515 Iverson St NE Atlanta, GA	3.0	2.5	1722	$6,000	$3.48	7d	1	1.38mi
1840 Camellia Dr Decatur, GA	3.0	2.0	1394	$2,100	$1.51	43d	1	1.40mi
1840 Camellia Dr Decatur, GA	3.0	2.0	1340	$1,950	$1.46	21d	1	1.40mi
1932 Camellia Dr Decatur, GA	4.0	3.0	2200	$1,800	$0.82	21d	1	1.48mi

Listing history 50 events

1. 2026-06-18
   days on market $524,900 Active 72 DOM
2. 2026-06-17
   days on market $524,900 Active 71 DOM
3. 2026-06-16
   days on market $524,900 Active 70 DOM
4. 2026-06-15
   days on market $524,900 Active 69 DOM
5. 2026-06-13
   days on market $524,900 Active 67 DOM
6. 2026-06-13
   days on market $524,900 Active 66 DOM
7. 2026-06-09
   days on market $524,900 Active 63 DOM
8. 2026-06-08
   days on market $524,900 Active 62 DOM
9. 2026-06-07
   days on market $524,900 Active 61 DOM
10. 2026-06-04
    days on market $524,900 Active 58 DOM
11. 2026-06-03
    days on market $524,900 Active 57 DOM
12. 2026-06-02
    days on market $524,900 Active 56 DOM
13. 2026-06-01
    days on market $524,900 Active 55 DOM
14. 2026-05-31
    days on market $524,900 Active 54 DOM
15. 2026-05-08
    price $524,900 1864-char remark

    Show marketing remark (1864 chars)

    MAJOR $$$ CORRECTION. JUST THREE YEARS OLD THIS QUALITY BUILT 3/3.5 FEATURES AN OPEN FLOOR PLAN, BEAUTIFUL KITCHEN AND DELUXE BATHROOMS....PLUS IT HAS A LARGE "GROUND" LEVEL DECK AND A BIG LEVEL PRIVACY FENCED IN YARD. The entire house features LV flooring and fully tiled bathrooms. Highlights in the kitchen include a designated breakfast area, premium all white 42" cabinets, quartz countertops, tile backsplash, a tremendous breakfast island with seating and storage plus Energy Star appliances and a walk in pantry. Utilize the main level en suite bedroom for guests or home office. The bathroom features an all tiled walk in shower. The main level also has a large half bath and full size laundry room. Upstairs you'll find a the primary bedroom with walk in closet and a very sharp bathroom featuring double sinks, free standing tub and large walk in shower. The secondary bedroom upstairs also has a beautifully tiled bathroom. With EAST LAKE at your front door and KIRKWOOD at your back this vibrant location offers everything from trending eateries to world class golf. Minutes away from EMORY UNIVERSITY and DOWNTOWN ATLANTA you've really gotta check out the dynamic floor plan of this custom built three year old home. The expansive growth of the area is apparent by new construction "town-homes"communities (priced up to $850K) being built in every direction. But if you're searching for a well designed SINGLE FAMILY HOME without common walls and no monthly HOA dues be sure to preview this home. Parking on the front driveway and turn around area will accommodate 3-4 cars. There is also an additional parking space on the other side of the double wooden gates. Use all of the neighborhood sidewalks to enjoy the many parks, restaurants, schools and The EAST LAKE YMCA just minutes away from your front door.

16. 2026-05-08
    price $524,900 1864-char remark

    Show marketing remark (1864 chars)

    MAJOR $$$ CORRECTION. JUST THREE YEARS OLD THIS QUALITY BUILT 3/3.5 FEATURES AN OPEN FLOOR PLAN, BEAUTIFUL KITCHEN AND DELUXE BATHROOMS....PLUS IT HAS A LARGE "GROUND" LEVEL DECK AND A BIG LEVEL PRIVACY FENCED IN YARD. The entire house features LV flooring and fully tiled bathrooms. Highlights in the kitchen include a designated breakfast area, premium all white 42" cabinets, quartz countertops, tile backsplash, a tremendous breakfast island with seating and storage plus Energy Star appliances and a walk in pantry. Utilize the main level en suite bedroom for guests or home office. The bathroom features an all tiled walk in shower. The main level also has a large half bath and full size laundry room. Upstairs you'll find a the primary bedroom with walk in closet and a very sharp bathroom featuring double sinks, free standing tub and large walk in shower. The secondary bedroom upstairs also has a beautifully tiled bathroom. With EAST LAKE at your front door and KIRKWOOD at your back this vibrant location offers everything from trending eateries to world class golf. Minutes away from EMORY UNIVERSITY and DOWNTOWN ATLANTA you've really gotta check out the dynamic floor plan of this custom built three year old home. The expansive growth of the area is apparent by new construction "town-homes"communities (priced up to $850K) being built in every direction. But if you're searching for a well designed SINGLE FAMILY HOME without common walls and no monthly HOA dues be sure to preview this home. Parking on the front driveway and turn around area will accommodate 3-4 cars. There is also an additional parking space on the other side of the double wooden gates. Use all of the neighborhood sidewalks to enjoy the many parks, restaurants, schools and The EAST LAKE YMCA just minutes away from your front door.

17. 2026-04-07
    listed $529,900 New 1864-char remark

    Show marketing remark (1864 chars)

    MAJOR $$$ CORRECTION. JUST THREE YEARS OLD THIS QUALITY BUILT 3/3.5 FEATURES AN OPEN FLOOR PLAN, BEAUTIFUL KITCHEN AND DELUXE BATHROOMS....PLUS IT HAS A LARGE "GROUND" LEVEL DECK AND A BIG LEVEL PRIVACY FENCED IN YARD. The entire house features LV flooring and fully tiled bathrooms. Highlights in the kitchen include a designated breakfast area, premium all white 42" cabinets, quartz countertops, tile backsplash, a tremendous breakfast island with seating and storage plus Energy Star appliances and a walk in pantry. Utilize the main level en suite bedroom for guests or home office. The bathroom features an all tiled walk in shower. The main level also has a large half bath and full size laundry room. Upstairs you'll find a the primary bedroom with walk in closet and a very sharp bathroom featuring double sinks, free standing tub and large walk in shower. The secondary bedroom upstairs also has a beautifully tiled bathroom. With EAST LAKE at your front door and KIRKWOOD at your back this vibrant location offers everything from trending eateries to world class golf. Minutes away from EMORY UNIVERSITY and DOWNTOWN ATLANTA you've really gotta check out the dynamic floor plan of this custom built three year old home. The expansive growth of the area is apparent by new construction "town-homes"communities (priced up to $850K) being built in every direction. But if you're searching for a well designed SINGLE FAMILY HOME without common walls and no monthly HOA dues be sure to preview this home. Parking on the front driveway and turn around area will accommodate 3-4 cars. There is also an additional parking space on the other side of the double wooden gates. Use all of the neighborhood sidewalks to enjoy the many parks, restaurants, schools and The EAST LAKE YMCA just minutes away from your front door.

18. 2026-04-07
    listed $529,900 Active 1864-char remark

    Show marketing remark (1864 chars)

    MAJOR $$$ CORRECTION. JUST THREE YEARS OLD THIS QUALITY BUILT 3/3.5 FEATURES AN OPEN FLOOR PLAN, BEAUTIFUL KITCHEN AND DELUXE BATHROOMS....PLUS IT HAS A LARGE "GROUND" LEVEL DECK AND A BIG LEVEL PRIVACY FENCED IN YARD. The entire house features LV flooring and fully tiled bathrooms. Highlights in the kitchen include a designated breakfast area, premium all white 42" cabinets, quartz countertops, tile backsplash, a tremendous breakfast island with seating and storage plus Energy Star appliances and a walk in pantry. Utilize the main level en suite bedroom for guests or home office. The bathroom features an all tiled walk in shower. The main level also has a large half bath and full size laundry room. Upstairs you'll find a the primary bedroom with walk in closet and a very sharp bathroom featuring double sinks, free standing tub and large walk in shower. The secondary bedroom upstairs also has a beautifully tiled bathroom. With EAST LAKE at your front door and KIRKWOOD at your back this vibrant location offers everything from trending eateries to world class golf. Minutes away from EMORY UNIVERSITY and DOWNTOWN ATLANTA you've really gotta check out the dynamic floor plan of this custom built three year old home. The expansive growth of the area is apparent by new construction "town-homes"communities (priced up to $850K) being built in every direction. But if you're searching for a well designed SINGLE FAMILY HOME without common walls and no monthly HOA dues be sure to preview this home. Parking on the front driveway and turn around area will accommodate 3-4 cars. There is also an additional parking space on the other side of the double wooden gates. Use all of the neighborhood sidewalks to enjoy the many parks, restaurants, schools and The EAST LAKE YMCA just minutes away from your front door.

19. 2026-03-30
    historical
20. 2026-02-04
    price $529,900
21. 2026-01-06
    listed $539,900 New
22. 2025-12-31
    historical
23. 2025-11-20
    price $549,900
24. 2025-10-02
    listed $574,900 New
25. 2025-09-30
    historical
26. 2025-09-30
    historical
27. 2025-08-04
    price $589,900
28. 2025-08-04
    price $589,900
29. 2025-06-06
    listed $599,900 New
30. 2025-06-05
    status Active
31. 2025-06-05
    price $599,900
32. 2025-05-31
    historical
33. 2025-05-31
    historical
34. 2025-04-07
    price $674,900
35. 2025-02-20
    listed $695,000 Active
36. 2025-02-20
    listed $695,000 New
37. 2024-11-29
    soldstatus $530,122
38. 2024-11-20
    historical
39. 2024-11-20
    historical
40. 2024-08-13
    listed $549,900 Active
41. 2024-08-13
    listed $549,900 New
42. 2024-07-15
    historical
43. 2024-07-15
    historical
44. 2024-06-25
    price $615,000
45. 2024-06-25
    price $615,000
46. 2024-04-10
    price $625,000
47. 2024-04-10
    price $625,000
48. 2024-03-05
    price $650,000
49. 2024-03-05
    price $650,000
50. 2024-02-20
    price $689,000

ⓘ 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: $2,766 · $231/mo
• Projected year-2 tax: $4,829 · $402/mo
• Expected delta: +$2,063/yr (+$172/mo · 74.6%)

ⓘ 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 1/10 Low
• 🌡 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 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $41,324
• − Mortgage interest: −$29,403
• − Property taxes: −$2,766
• − Insurance: −$2,624
• − Repairs & maintenance: −$3,306
• − Management: −$3,306
• − Depreciation: −$15,270
• Taxable loss: −$15,351
• Est. tax savings @ 24.0%: +$3,684
• After-tax cash flow: $-2,092/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: Atlanta Public Schools
• NCES district ID: 1300120
• Math proficiency: 28% ▼ -6.00%
• Reading proficiency: 35% ▼ -2.00%
• Median HH income: $48,306
• Composite: 27.27/100
• National rank: #7006
• State rank: #80 of 174 in GA

Livability — Atlanta

• Score: 83/100
• State rank: #6
• US rank: #919

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Atlanta, GA
• County: Dekalb County · 782,738 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 15,622
• Household income: $107,955
• Rent vs Own: 32.7% rent · 67.3% own
• Severe rent burden: 486.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 49% Black 34% Two or more races 9% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Cuban 1% Dominican 2%
• Common ancestry: Italian 3% Serbian 2% Slovak 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 6%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -447.69%
• Current HPI: 328.6186
• Rent YoY: ▼ -2.12%
• 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

+5732.2% since first listed

52 events — show timeline

• 2026-05-08 Price Changed $524,900 GAMLS
• 2026-05-08 Price Changed $524,900 FMLS
• 2026-04-07 Listed $529,900 FMLS
• 2026-04-07 Listed $529,900 GAMLS
• 2026-03-30 Listing Removed — GAMLS
• 2026-02-04 Price Changed $529,900 GAMLS
• 2026-01-06 Listed $539,900 GAMLS
• 2025-12-31 Listing Removed — GAMLS
• 2025-11-20 Price Changed $549,900 GAMLS
• 2025-10-02 Listed $574,900 GAMLS
• 2025-09-30 Listing Removed — GAMLS
• 2025-09-30 Listing Removed — FMLS
• 2025-08-04 Price Changed $589,900 GAMLS
• 2025-08-04 Price Changed $589,900 FMLS
• 2025-06-06 Listed $599,900 GAMLS
• 2025-06-05 Relisted — FMLS
• 2025-06-05 Price Changed $599,900 FMLS
• 2025-05-31 Listing Removed — GAMLS
• 2025-05-31 Listing Removed — FMLS
• 2025-04-07 Price Changed $674,900 FMLS
• 2025-02-20 Listed $695,000 GAMLS
• 2025-02-20 Listed $695,000 FMLS
• 2024-11-29 Sold (Public Records) $530,122 Public Records
• 2024-11-20 Listing Removed — GAMLS
• 2024-11-20 Listing Removed — FMLS
• 2024-08-13 Listed $549,900 GAMLS
• 2024-08-13 Listed $549,900 FMLS
• 2024-07-15 Listing Removed — FMLS
• 2024-07-15 Listing Removed — GAMLS
• 2024-06-25 Price Changed $615,000 GAMLS
• 2024-06-25 Price Changed $615,000 FMLS
• 2024-04-10 Price Changed $625,000 GAMLS
• 2024-04-10 Price Changed $625,000 FMLS
• 2024-03-05 Price Changed $650,000 GAMLS
• 2024-03-05 Price Changed $650,000 FMLS
• 2024-02-20 Price Changed $689,000 GAMLS
• 2024-02-20 Price Changed $689,000 FMLS
• 2023-07-14 Listed $699,000 FMLS
• 2023-07-13 Listed $699,000 GAMLS
• 2023-01-10 Listing Removed — GAMLS
• 2022-11-09 Listed $750,000 GAMLS
• 2021-06-08 Listing Removed — GAMLS
• 2021-05-06 Listed $279,900 GAMLS
• 2021-04-19 Sold (Public Records) $265,000 Public Records
• 2021-02-12 Sold (Public Records) $226,000 Public Records
• 2021-02-11 Sold (MLS) $226,000 FMLS
• 2021-02-10 Sold (MLS) $226,000 GAMLS
• 2021-01-26 Pending — GAMLS
• 2021-01-26 Pending — FMLS
• 2021-01-05 Listed $210,000 GAMLS
• 2021-01-05 Listed $210,000 FMLS
• 1995-10-19 Sold (Public Records) $9,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $2,766 · +16.4% YoY. Source: county tax records.