401 16th St NW #1457 · Atlanta, GA 30363

$199,999

1 bd · 1.0 ba · 750 sqft · Condo public records · 132 Days on market

Built 2004 $267/sqft · 7% below area Est $215k · 7% under $361/mo HOA · 19% of rent

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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).

• ARV discount +10.7/15.0
• Cash flow +6.9/30.0
• Appreciation +5.6/10.0
• 1% rule +4.3/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +1.1/10.0

Listing remarks MLS

100% FINANCING AVAILABLE! Welcome home to this sun-drenched 1 bedroom, 1 bathroom condo in sought-after Art Foundry Condominiums-and one of the few 4th floor corner units featuring a spectacular view of the Georgia Tech Golf Course. Perfectly positioned between tranquil pond views, the Millenium Gate Musuem, and experience the vibrancy of Atlantic Station. Spend Saturdays at local maker's markets just across the bridge. Just steps from a nearby pet park, makes it seamless and convenient to enjoy the neighborhood with your furry friend. Inside, sunlight pours across warm hardwood floors in an open-concept layout accented by crown molding and fresh grey paint. The sleek kitchen features BRAND NEW Whirlpool Stainless Steel Appliances, abundant white cabinetry undermount lighting, and while overlooking the spacious living area. New Contemporary Black Matte fixtures, ceiling fans, and pendant lighting accentuate the entire home. The contemporary kitchen is highlighted with New Amerock cabinet hardware, undermount cabinet lighting, fresh subway style backsplash, and stunning Deck- Mount Pull Down Single Sprayer. These additions enhance the entirety of the space, -adding a crisp, modern touch. Working from home is effortless and the prime location of this community adds extra convenience for SCAD and Georgia Tech students. Retreat to the spacious bedroom featuring freshly clean carpet, tons of natural light, and a spacious walk-in closet. Enjoy the oversized bathroom that feels spa-like with a spacious double vanity, new modern faucet fixtures, and a large soaking shower and tub combo. This quaint unit boasts tons of storage throughout, including a laundry closet for full-size laundry appliances and extra storage space. This home comes with one assigned parking space in the gated parking garage. The Art Foundry offers resort-style amenities including a pool, expansive outdoor lounge areas, a fabulous fitness center, locker rooms, private massage rooms, and steam/sauna. Water and sewer are included in the HOA. Enjoy unbeatable walkability to Target, IKEA, dining, and entertainment, with quick access to Atlantic Station, Midtown, Buckhead, and major highways-and located approximately one mile from SCAD and Georgia Tech. Leasing is permitted with a waitlist.

Key facts

• Ceiling fans
• Undermount lighting
• Tranquil pond views

Tags

• 4TH FLOOR CORNER UNIT
• TRANQUIL POND VIEWS
• OPEN-CONCEPT LAYOUT
• ABUNDANT WHITE CABINETRY
• UNDERMOUNT LIGHTING
• CEILING FANS

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $200k.

Deal economics

• At list price, monthly cash flow is $-305 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $146k (26.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (6.6% below list).
• Recommended offer: $146k (26.9% below list) — sets the bar for cash-flow.
• Cap rate 4.5% 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 rising (+1.2%/yr); 109 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($1k loan paydown + $3k appreciation (1.3% local appreciation)).
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 8, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 132 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 7y 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.

Recommended offer $146,174 (26.9% 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 132 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.93% ✗
• Cap rate: 4.46%
• Cash-on-cash: -6.53%
• DSCR: 0.71
• GRM: 8.9

CMA / ARV

• ARV (median comp): $215,494
• List price: $199,999
• Delta: -7.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

1.27% appreciation · 1.23% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.71×
• Total profit: $-15,983
• Equity at exit: $71,128

10-year hold

• IRR: -1.4%
• Equity multiple: 0.82×
• Total profit: $-9,851
• Equity at exit: $96,767

Cash invested: $56,000 (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 30363

• Home prices YoY: 0.7%
• Rents YoY: 1.2%
• Active inventory: 109
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,869 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$288 /mo · $3,453/yr
• Insurance: −$83
• HOA: −$361
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $-305

Break-even live

Break-even rent $2,254

Max offer price $146,174

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
401 16th St NW Unit 1357A Atlanta, GA	1.0	1.0	750	$2,000	$2.67	24d	1	0.02mi
400 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	1206	$1,650	$1.37	13d	2	0.03mi
400 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	1206	$1,250	$1.04	24d	3	0.03mi
1220 Mecaslin St NW Atlanta, GA	1.0–3.0	1.0–3.0	1060	$1,563	$1.47	2d	19	0.05mi
401 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	971	$1,504	$1.55	15d	42	0.14mi
455 14th St NW Atlanta, GA	3.0	1.0–2.0	995	$1,946	$1.96	1d	23	0.15mi
464 Bishop St NW Atlanta, GA	1.0–2.0	1.0–2.0	990	$1,395	$1.41	19d	14	0.23mi
1189 Atlantic Dr NW Atlanta, GA	2.0	1.0	1001	$2,395	$2.39	19d	1	0.24mi
470 16th St NW Atlanta, GA	1.0–2.0	1.0–2.0	942	$1,585	$1.68	2d	15	0.24mi
400 Bishop St NW Atlanta, GA	3.0	1.0–3.0	1122	$2,673	$2.38	1d	48	0.31mi
265 18th St NW Atlanta, GA	1.0–2.0	1.5–2.0	1107	$1,850	$1.67	4d	2	0.36mi
507 Bishop St NW Atlanta, GA	1.0–2.0	1.0–2.0	963	$1,537	$1.60	1d	24	0.36mi
1066 McMillan St NW Atlanta, GA	2.0	1.0	900	$1,650	$1.83	15d	1	0.40mi
232 19th St NW Atlanta, GA	1.0–2.0	1.5–2.0	1231	$2,300	$1.87	8d	12	0.42mi
10 Tower St NW Atlanta, GA	2.0	1.0–2.0	1014	$3,512	$3.46	1d	194	0.46mi
469 10th St NW Apt 3 Atlanta, GA	2.0	1.0	900	$1,950	$2.17	12d	1	0.51mi
300 Deering Rd NW Atlanta, GA	1.0–2.0	1.0–2.0	775	$1,234	$1.59	2d	8	0.51mi
1011 Northside Dr NW Atlanta, GA	2.0–4.0	2.0–4.0	1050	$1,099	$1.05	17d	11	0.55mi
2 Interlock Ave NW Atlanta, GA	3.0	1.0–2.0	1081	$1,965	$1.82	2d	19	0.57mi
691 14th St NW Atlanta, GA	2.0	1.0–2.0	891	$1,566	$1.76	1d	10	0.61mi
660 11th St NW Atlanta, GA	2.0	1.0–2.0	1001	$3,801	$3.80	2d	99	0.63mi
1270 Spring St NW Atlanta, GA	1.0–2.0	1.0–2.0	987	$1,683	$1.71	2d	17	0.64mi
500 Northside Cir NW Atlanta, GA	1.0–2.0	1.0–2.0	962	$1,175	$1.22	2d	21	0.65mi
1000 Northside Dr NW Atlanta, GA	1.0–3.0	1.0–2.0	1081	$1,429	$1.32	1d	63	0.66mi
1140 Spring St NW Atlanta, GA	3.0	1.0–2.0	1196	$2,748	$2.30	3d	20	0.69mi
1301 Spring St NW Atlanta, GA	2.0	1.0–2.0	939	$3,112	$3.31	2d	39	0.69mi
1100 Howell Mill Rd NW Atlanta, GA	1.0–2.0	1.0–2.0	1085	$1,895	$1.75	19d	1	0.71mi
1280 W Peachtree St NW Atlanta, GA	1.0–2.0	1.0–2.0	826	$1,800	$2.18	24d	2	0.71mi
1240 W Peachtree St NW Atlanta, GA	2.0	1.0–2.0	1101	$3,454	$3.14	2d	25	0.72mi
1230 W Peachtree St NW Atlanta, GA	3.0	1.0–2.0	1066	$3,088	$2.90	1d	51	0.74mi
790 Huff Rd NW Atlanta, GA	1.0–2.0	1.0–2.0	895	$1,681	$1.88	1d	7	0.75mi
1405 Spring St NW Atlanta, GA	3.0	1.0–2.0	920	$3,366	$3.66	2d	41	0.76mi
1084 Howell Mill Rd NW Atlanta, GA	2.0	1.0–2.0	859	$2,246	$2.61	1d	15	0.76mi
22 14th St NW Atlanta, GA	3.0	1.0–2.0	1039	$2,539	$2.44	2d	32	0.77mi
1400 W Peachtree St NW Atlanta, GA	2.0	1.0–2.0	910	$2,492	$2.74	1d	33	0.79mi
1400 W Peachtree St NE Unit 813 Atlanta, GA	1.0	1.0	652	$1,986	$3.05	15d	1	0.79mi
1163 W Peachtree St NE Atlanta, GA	2.0	1.0–2.0	1013	$2,804	$2.77	2d	45	0.80mi
1163 W Peachtree St NW Atlanta, GA	—	1.0	628	$1,871	$2.98	3d	1	0.81mi
871 3rd St NW Atlanta, GA	1.0–2.0	1.0–2.0	990	$1,428	$1.44	2d	19	0.82mi
1000 Spring St NW Atlanta, GA	3.0	1.0–3.0	1001	$3,491	$3.49	2d	16	0.83mi

HOA detail condo

• Monthly dues: $361 · $4,332/yr
• Likely covers: watersewerpoolgymsecurityparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 34 events

1. 2026-06-18
   days on market $199,999 Active 132 DOM
2. 2026-06-17
   days on market $199,999 Active 131 DOM
3. 2026-06-16
   days on market $199,999 Active 130 DOM
4. 2026-06-15
   days on market $199,999 Active 129 DOM
5. 2026-06-13
   days on market $199,999 Active 127 DOM
6. 2026-06-13
   days on market $199,999 Active 126 DOM
7. 2026-06-09
   days on market $199,999 Active 123 DOM
8. 2026-06-08
   days on market $199,999 Active 122 DOM
9. 2026-06-07
   days on market $199,999 Active 121 DOM
10. 2026-06-04
    days on market $199,999 Active 118 DOM
11. 2026-06-03
    days on market $199,999 Active 117 DOM
12. 2026-06-02
    days on market $199,999 Active 116 DOM
13. 2026-06-01
    days on market $199,999 Active 115 DOM
14. 2026-05-31
    days on market $199,999 Active 114 DOM
15. 2026-05-19
    price $199,999 2298-char remark

    Show marketing remark (2322 chars)

    100% FINANCING AVAILABLE! Welcome home to this sun-drenched 1 bedroom, 1 bathroom condo in sought-after Art Foundry Condominiums—and one of the few 4th floor corner units featuring a spectacular view of the Georgia Tech Golf Course. Perfectly positioned between tranquil pond views, the Millenium Gate Musuem, and experience the vibrancy of Atlantic Station. Spend Saturdays at local maker’s markets just across the bridge. Just steps from a nearby pet park, makes it seamless and convenient to enjoy the neighborhood with your furry friend. Inside, sunlight pours across warm hardwood floors in an open-concept layout accented by crown molding and fresh grey paint. The sleek kitchen features BRAND NEW Whirlpool Stainless Steel Appliances, abundant white cabinetry undermount lighting, and while overlooking the spacious living area. New Contemporary Black Matte fixtures, ceiling fans, and pendant lighting accentuate the entire home. The contemporary kitchen is highlighted with New Amerock cabinet hardware, undermount cabinet lighting, fresh subway style backsplash, and stunning Deck- Mount Pull Down Single Sprayer. These additions enhance the entirety of the space, —adding a crisp, modern touch. Working from home is effortless and the prime location of this community adds extra convenience for SCAD and Georgia Tech students. Retreat to the spacious bedroom featuring freshly clean carpet, tons of natural light, and a spacious walk-in closet. Enjoy the oversized bathroom that feels spa-like with a spacious double vanity, new modern faucet fixtures, and a large soaking shower and tub combo. This quaint unit boasts tons of storage throughout, including a laundry closet for full-size laundry appliances and extra storage space. This home comes with one assigned parking space in the gated parking garage. The Art Foundry offers resort-style amenities including a pool, expansive outdoor lounge areas, a fabulous fitness center, locker rooms, private massage rooms, and steam/sauna. Water and sewer are included in the HOA. Enjoy unbeatable walkability to Target, IKEA, dining, and entertainment, with quick access to Atlantic Station, Midtown, Buckhead, and major highways—and located approximately one mile from SCAD and Georgia Tech. Leasing is permitted with a waitlist.

16. 2026-05-19
    price $199,999 2322-char remark

    Show marketing remark (2322 chars)

    100% FINANCING AVAILABLE! Welcome home to this sun-drenched 1 bedroom, 1 bathroom condo in sought-after Art Foundry Condominiums—and one of the few 4th floor corner units featuring a spectacular view of the Georgia Tech Golf Course. Perfectly positioned between tranquil pond views, the Millenium Gate Musuem, and experience the vibrancy of Atlantic Station. Spend Saturdays at local maker’s markets just across the bridge. Just steps from a nearby pet park, makes it seamless and convenient to enjoy the neighborhood with your furry friend. Inside, sunlight pours across warm hardwood floors in an open-concept layout accented by crown molding and fresh grey paint. The sleek kitchen features BRAND NEW Whirlpool Stainless Steel Appliances, abundant white cabinetry undermount lighting, and while overlooking the spacious living area. New Contemporary Black Matte fixtures, ceiling fans, and pendant lighting accentuate the entire home. The contemporary kitchen is highlighted with New Amerock cabinet hardware, undermount cabinet lighting, fresh subway style backsplash, and stunning Deck- Mount Pull Down Single Sprayer. These additions enhance the entirety of the space, —adding a crisp, modern touch. Working from home is effortless and the prime location of this community adds extra convenience for SCAD and Georgia Tech students. Retreat to the spacious bedroom featuring freshly clean carpet, tons of natural light, and a spacious walk-in closet. Enjoy the oversized bathroom that feels spa-like with a spacious double vanity, new modern faucet fixtures, and a large soaking shower and tub combo. This quaint unit boasts tons of storage throughout, including a laundry closet for full-size laundry appliances and extra storage space. This home comes with one assigned parking space in the gated parking garage. The Art Foundry offers resort-style amenities including a pool, expansive outdoor lounge areas, a fabulous fitness center, locker rooms, private massage rooms, and steam/sauna. Water and sewer are included in the HOA. Enjoy unbeatable walkability to Target, IKEA, dining, and entertainment, with quick access to Atlantic Station, Midtown, Buckhead, and major highways—and located approximately one mile from SCAD and Georgia Tech. Leasing is permitted with a waitlist.

17. 2026-02-06
    listed $210,000 New 2298-char remark

    Show marketing remark (2322 chars)

    100% FINANCING AVAILABLE! Welcome home to this sun-drenched 1 bedroom, 1 bathroom condo in sought-after Art Foundry Condominiums—and one of the few 4th floor corner units featuring a spectacular view of the Georgia Tech Golf Course. Perfectly positioned between tranquil pond views, the Millenium Gate Musuem, and experience the vibrancy of Atlantic Station. Spend Saturdays at local maker’s markets just across the bridge. Just steps from a nearby pet park, makes it seamless and convenient to enjoy the neighborhood with your furry friend. Inside, sunlight pours across warm hardwood floors in an open-concept layout accented by crown molding and fresh grey paint. The sleek kitchen features BRAND NEW Whirlpool Stainless Steel Appliances, abundant white cabinetry undermount lighting, and while overlooking the spacious living area. New Contemporary Black Matte fixtures, ceiling fans, and pendant lighting accentuate the entire home. The contemporary kitchen is highlighted with New Amerock cabinet hardware, undermount cabinet lighting, fresh subway style backsplash, and stunning Deck- Mount Pull Down Single Sprayer. These additions enhance the entirety of the space, —adding a crisp, modern touch. Working from home is effortless and the prime location of this community adds extra convenience for SCAD and Georgia Tech students. Retreat to the spacious bedroom featuring freshly clean carpet, tons of natural light, and a spacious walk-in closet. Enjoy the oversized bathroom that feels spa-like with a spacious double vanity, new modern faucet fixtures, and a large soaking shower and tub combo. This quaint unit boasts tons of storage throughout, including a laundry closet for full-size laundry appliances and extra storage space. This home comes with one assigned parking space in the gated parking garage. The Art Foundry offers resort-style amenities including a pool, expansive outdoor lounge areas, a fabulous fitness center, locker rooms, private massage rooms, and steam/sauna. Water and sewer are included in the HOA. Enjoy unbeatable walkability to Target, IKEA, dining, and entertainment, with quick access to Atlantic Station, Midtown, Buckhead, and major highways—and located approximately one mile from SCAD and Georgia Tech. Leasing is permitted with a waitlist.

18. 2026-02-06
    listed $210,000 Active 2322-char remark

    Show marketing remark (2322 chars)

    100% FINANCING AVAILABLE! Welcome home to this sun-drenched 1 bedroom, 1 bathroom condo in sought-after Art Foundry Condominiums—and one of the few 4th floor corner units featuring a spectacular view of the Georgia Tech Golf Course. Perfectly positioned between tranquil pond views, the Millenium Gate Musuem, and experience the vibrancy of Atlantic Station. Spend Saturdays at local maker’s markets just across the bridge. Just steps from a nearby pet park, makes it seamless and convenient to enjoy the neighborhood with your furry friend. Inside, sunlight pours across warm hardwood floors in an open-concept layout accented by crown molding and fresh grey paint. The sleek kitchen features BRAND NEW Whirlpool Stainless Steel Appliances, abundant white cabinetry undermount lighting, and while overlooking the spacious living area. New Contemporary Black Matte fixtures, ceiling fans, and pendant lighting accentuate the entire home. The contemporary kitchen is highlighted with New Amerock cabinet hardware, undermount cabinet lighting, fresh subway style backsplash, and stunning Deck- Mount Pull Down Single Sprayer. These additions enhance the entirety of the space, —adding a crisp, modern touch. Working from home is effortless and the prime location of this community adds extra convenience for SCAD and Georgia Tech students. Retreat to the spacious bedroom featuring freshly clean carpet, tons of natural light, and a spacious walk-in closet. Enjoy the oversized bathroom that feels spa-like with a spacious double vanity, new modern faucet fixtures, and a large soaking shower and tub combo. This quaint unit boasts tons of storage throughout, including a laundry closet for full-size laundry appliances and extra storage space. This home comes with one assigned parking space in the gated parking garage. The Art Foundry offers resort-style amenities including a pool, expansive outdoor lounge areas, a fabulous fitness center, locker rooms, private massage rooms, and steam/sauna. Water and sewer are included in the HOA. Enjoy unbeatable walkability to Target, IKEA, dining, and entertainment, with quick access to Atlantic Station, Midtown, Buckhead, and major highways—and located approximately one mile from SCAD and Georgia Tech. Leasing is permitted with a waitlist.

19. 2023-06-12
    status Under Contract
20. 2023-06-05
    soldstatus $233,000
21. 2023-05-23
    soldstatus $233,000 Sold
22. 2023-05-23
    soldstatus $233,000 Closed
23. 2023-05-11
    historical Active Under Contract
24. 2023-05-11
    historical Active Under Contract
25. 2023-03-19
    listed $235,000 New
26. 2023-03-19
    listed $235,000 Active
27. 2019-08-06
    soldstatus $175,000
28. 2019-07-29
    soldstatus $175,000 Closed
29. 2019-07-29
    soldstatus $175,000 Sold
30. 2019-06-27
    status Under Contract
31. 2019-06-27
    status Pending
32. 2019-06-17
    listed $175,000 Active
33. 2019-06-17
    listed $175,000 New
34. 2005-04-22
    soldstatus $173,500

ⓘ 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: $3,453 · $288/mo
• Projected year-2 tax: $3,453 · $288/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $22,423
• − Mortgage interest: −$11,203
• − Property taxes: −$3,453
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,794
• − Management: −$1,794
• − HOA: −$4,332
• − Depreciation: −$5,818
• Taxable loss: −$6,971
• Est. tax savings @ 24.0%: +$1,673
• After-tax cash flow: $-1,983/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: Fulton County · 1,094,430 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 3,523
• Household income: $123,667
• Rent vs Own: 44.3% rent · 55.7% own
• Severe rent burden: 300.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Black 36% White 34% Asian 16% Two or more races 9% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Italian 10% Romanian 2% Scotch-Irish 1%
• Foreign-born: 24% · China, Canada
• Languages at home: 80% English-only · Chinese 6% Spanish 4% Other Indo-European 4%

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: ▲ 1.27%
• Current HPI: 177.6556
• Rent YoY: ▲ 1.23%
• 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

+15.3% since first listed

20 events — show timeline

• 2026-05-19 Price Changed $199,999 GAMLS
• 2026-05-19 Price Changed $199,999 FMLS
• 2026-02-06 Listed $210,000 FMLS
• 2026-02-06 Listed $210,000 GAMLS
• 2023-06-12 Pending — GAMLS
• 2023-06-05 Sold (Public Records) $233,000 Public Records
• 2023-05-23 Sold (MLS) $233,000 FMLS
• 2023-05-23 Sold (MLS) $233,000 GAMLS
• 2023-05-11 Contingent — GAMLS
• 2023-05-11 Contingent — FMLS
• 2023-03-19 Listed $235,000 FMLS
• 2023-03-19 Listed $235,000 GAMLS
• 2019-08-06 Sold (Public Records) $175,000 Public Records
• 2019-07-29 Sold (MLS) $175,000 GAMLS
• 2019-07-29 Sold (MLS) $175,000 FMLS
• 2019-06-27 Pending — GAMLS
• 2019-06-27 Pending — FMLS
• 2019-06-17 Listed $175,000 GAMLS
• 2019-06-17 Listed $175,000 FMLS
• 2005-04-22 Sold (Public Records) $173,500 Public Records

Property tax history

+2.3%/yr

Latest (2025): $3,453 · -1.3% YoY. Source: county tax records.