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1717 Rondon Ct
C Composite 55.21
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +18.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +5.7/10.0
  • DSCR +5.6/10.0
  • Livability +3.3/5.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$185,000

1717 Rondon Ct · Gresham Park, GA 30316
3 bd · 2.0 ba · 1,178 sqft · SingleFamily public records · 195 Days on market
Built 1989 0.91 ac lot $157/sqft · 32% below area Est $271k · 32% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

Key facts

  • Calm setting
  • Large lot
  • Major highways

Tags

LARGE LOTCALM SETTINGMAJOR HIGHWAYSSHOPPING AND DINING

Neighborhood map

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

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

  • At list price, monthly cash flow is $158 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $185k).
  • Recommended offer: $163k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.3% vs local median 4.6% in Gresham 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 66/100 on livability (#183 in GA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A, crime B+; Watch: schools D-, amenities F, commute F.
  • Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+2.3%/yr); 470 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 195 days — a 12% lower offer ($163k) is reasonable based on typical stale-listing flexibility.
  • 16 sale attempts since 10y ago; this cycle's ask has dropped $30k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate wind risk, 23% 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 $162,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 195 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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.
  6. 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.
  7. 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
1.07%
Cap rate
7.32%
Cash-on-cash
3.65%
DSCR
1.16
GRM
7.8

CMA / ARV

ARV (median comp)
$270,700
List price
$185,000
Delta
-31.66%
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
1721 Wee Kirk Rd SE 0.05mi 3/2.0 1,178 (0%) 9mo $234,900 $199 90
1815 Boulderview Dr SE 0.36mi 3/1.5 1,273 (+8%) 7mo $174,900 $137 62
1905 Sahara Dr SE 0.57mi 3/1.5 1,204 (+2%) 8mo $225,000 $187 61
1936 Boulderview Dr SE 0.60mi 3/2.0 1,100 (-7%) 1mo $298,900 $272 60
2886 Horse Shoe Dr 0.62mi 3/2.0 1,273 (+8%) 0mo $239,000 $188 57
2935 Gresham Rd SE 0.72mi 4/2.0 (+1) 1,190 (+1%) 7mo $276,000 $232 54
2653 Flagstone Dr SE 0.74mi 3/2.5 1,145 (-3%) 9mo $275,000 $240 52
2883 Horse Shoe Dr SE 0.59mi 3/1.0 1,071 (-9%) 2mo $185,000 $173 51
2702 Rollingwood Ln SE 0.67mi 3/1.5 1,246 (+6%) 8mo $170,000 $136 50
2725 Rollingwood Ln SE 0.62mi 3/2.0 1,321 (+12%) 2mo $175,000 $132 49
1973 Boulderview Dr 0.68mi 2/1.0 (-1) 1,230 (+4%) 8mo $135,000 $110 46
1983 Wee Kirk Rd SE 0.66mi 4/2.0 (+1) 1,267 (+8%) 8mo $220,000 $174 45

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 · 2.33% rent growth · sell at horizon

5-year hold
IRR
-11.3%
Equity multiple
0.59×
Total profit
$-21,154
Equity at exit
$27,584
10-year hold
IRR
-3.1%
Equity multiple
0.80×
Total profit
$-10,413
Equity at exit
$15,995

Cash invested: $51,800 (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 30316

Rents YoY
2.3%
Active inventory
470
Price-to-rent
7.8×

Monthly cashflow live

Estimated rent
$1,972 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$353 /mo · $4,232/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$414
Net cashflow
$158

Break-even live

Break-even rent $1,772
Max offer price $185,000
Occupancy floor 87%

Sensitivity live

Price -10% $262 -5% $210 +0% $158 +5% $105 +10% $53
Rent -10% $2 -5% $80 +0% $158 +5% $236 +10% $313
Rate -1.0pp $251 -0.5pp $205 base $158 +0.5pp $110 +1.0pp $61

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
$46,250
Closing costs
$5,550
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 29 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2000 Bouldercrest Rd Atlanta, GA 1.0–3.0 1.0–2.0 1050 $1,658 $1.58 0d 18 0.24mi
2000 Bouldercrest Rd Atlanta, GA 1.0–2.0 1.0–2.0 925 $1,520 $1.64 45d 3 0.24mi
1843 Wee Kirk Rd SE Atlanta, GA 3.0 1.5 1154 $1,751 $1.52 0d 1 0.30mi
2959 Sugarcreek Ln SE Atlanta, GA 4.0 2.5 1478 $1,940 $1.31 6d 1 0.31mi
2913 Horse Shoe Dr SE Atlanta, GA 3.0 1.0 1263 $1,595 $1.26 25d 1 0.56mi
3054 Will Rogers Pl SE Atlanta, GA 3.0 2.0 1050 $2,600 $2.48 45d 1 0.57mi
2892 Horse Shoe Dr SE Atlanta, GA 4.0 2.0 1342 $1,654 $1.23 23d 1 0.61mi
2692 Rockcliff Rd SE Atlanta, GA 3.0 2.0 1239 $2,000 $1.61 45d 1 0.64mi
2931 Cloverleaf Dr SE Atlanta, GA 4.0 2.0 1371 $1,985 $1.45 6d 1 0.64mi
1989 Wee Kirk Rd SE Atlanta, GA 3.0 1.0 925 $1,800 $1.95 25d 1 0.67mi
1757 Flintwood Dr SE Atlanta, GA 3.0 2.0 1150 $1,750 $1.52 45d 1 0.71mi
2911 Gresham Rd SE Atlanta, GA 3.0 1.0 960 $1,700 $1.77 45d 1 0.72mi
2731 Larkspur Dr SE Atlanta, GA 4.0 3.0 1492 $2,000 $1.34 45d 1 0.92mi
2884 Reveille Cir SE Atlanta, GA 3.0 2.0 1437 $2,050 $1.43 45d 1 0.97mi
2078 Parker Ranch Rd SE Atlanta, GA 3.0 1.0 1014 $1,650 $1.63 25d 1 0.97mi
26 Bouldercrest Ln Atlanta, GA 1.0–2.0 1.0 816 $1,228 $1.50 0d 9 1.00mi
2434 Rockcliff Rd SE Atlanta, GA 3.0 2.0 1400 $2,499 $1.78 45d 1 1.15mi
1438 E Bouldercrest Rd Atlanta, GA 1.0–3.0 1.0–2.0 967 $1,707 $1.76 0d 18 1.21mi
2435 Bouldercliff Way SE Unit B Atlanta, GA 2.0 1.0 1236 $1,600 $1.29 45d 1 1.27mi
2435 Bouldercliff Way SE Atlanta, GA 3.0 2.0 1236 $1,950 $1.58 45d 1 1.27mi
2642 Hatfield Cir SE Atlanta, GA 3.0 1.5 1430 $2,300 $1.61 0d 1 1.29mi
2642 Hatfield Cir SE Atlanta, GA 3.0 1.5 1430 $2,300 $1.61 23d 1 1.29mi
2679 Sherlock Dr Decatur, GA 3.0 1.5 1173 $1,650 $1.41 45d 1 1.34mi
2126 Rexford Dr Decatur, GA 3.0 1.5 1092 $1,400 $1.28 45d 1 1.38mi
1670 Cecilia Dr SE Atlanta, GA 3.0 2.0 1032 $2,350 $2.28 45d 1 1.40mi
2480 Flat Shoals Rd Decatur, GA 1.0–3.0 1.0–2.0 1017 $2,149 $2.11 3d 23 1.41mi
1345 Parc Bench Rd SE Atlanta, GA 3.0 2.5 1465 $2,500 $1.71 25d 1 1.42mi
1337 Parc Bench Rd SE Atlanta, GA 3.0 2.5 1460 $2,390 $1.64 6d 1 1.43mi
1624 Eastland Rd SE Atlanta, GA 2.0 1.0 875 $1,300 $1.49 23d 1 1.49mi

Listing history 50 events

  1. 2026-06-21
    days on market $185,000 Active 195 DOM
  2. 2026-06-18
    days on market $185,000 Active 192 DOM
  3. 2026-06-17
    days on market $185,000 Active 191 DOM
  4. 2026-06-16
    days on market $185,000 Active 190 DOM
  5. 2026-06-15
    days on market $185,000 Active 189 DOM
  6. 2026-06-13
    statusdays on market $185,000 Active 187 DOM
  7. 2026-06-09
    days on market $185,000 Active Under Contract 183 DOM
  8. 2026-06-08
    days on market $185,000 Active Under Contract 182 DOM
  9. 2026-06-07
    days on market $185,000 Active Under Contract 181 DOM
  10. 2026-06-04
    days on market $185,000 Active Under Contract 178 DOM
  11. 2026-06-03
    days on market $185,000 Active Under Contract 177 DOM
  12. 2026-06-02
    days on market $185,000 Active Under Contract 176 DOM
  13. 2026-06-01
    days on market $185,000 Active Under Contract 175 DOM
  14. 2026-05-31
    days on market $185,000 Active Under Contract 174 DOM
  15. 2026-05-07
    historical Active Under Contract 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  16. 2026-05-07
    historical Active Under Contract 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  17. 2026-04-27
    status Back On Market 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  18. 2026-04-27
    status Active 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  19. 2026-04-21
    historical Active Under Contract 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  20. 2026-04-21
    status Under Contract 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  21. 2026-03-26
    price $185,000 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  22. 2026-03-26
    price $185,000 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  23. 2026-03-13
    price $194,999 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  24. 2026-03-13
    price $194,999 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  25. 2026-02-05
    price $195,000 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  26. 2026-02-05
    price $195,000 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  27. 2026-01-29
    price $214,999 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  28. 2026-01-29
    price $214,999 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  29. 2025-12-08
    listed $215,000 Active 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  30. 2025-12-08
    listed $215,000 New 593-char remark
    Show marketing remark (593 chars)

    I love this floorplan with a primary suite on its own floor, separated from the other bedrooms. This home is perfect for a growing family, a roommate plan, and multi-generational living. Experience the best of comfortable living with this inviting property featuring a large lot that provides endless possibilities, all tucked away in a calm, quiet setting. Conveniently located near major highways and close to popular shopping and dining destinations, this home offers the perfect mix of privacy and accessibility, making it a standout opportunity for buyers seeking both space and location.

  31. 2023-10-17
    historical $1,545
  32. 2023-10-15
    historical $1,545
  33. 2023-10-14
    price $1,545
  34. 2023-10-11
    price $1,545
  35. 2023-09-28
    listed $1,695
  36. 2023-09-12
    historical $1,695
  37. 2023-09-09
    listed $1,695
  38. 2023-09-07
    listed
  39. 2023-08-15
    historical
  40. 2022-05-20
    soldstatus $219,000
  41. 2022-05-17
    soldstatus $219,000 Closed
  42. 2022-05-17
    soldstatus $219,000 Sold
  43. 2022-04-23
    status Pending
  44. 2022-04-22
    status Under Contract
  45. 2022-04-08
    price $239,000
  46. 2022-04-07
    price $239,000
  47. 2022-03-24
    price $243,000
  48. 2022-03-24
    price $243,000
  49. 2022-03-19
    status Active
  50. 2022-03-17
    historical

ⓘ 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
$4,232 · $353/mo
Projected year-2 tax
$4,232 · $353/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 · 18 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 23% chance of damaging wind over 30 yrs
  • 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 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
$23,659
− Mortgage interest
−$10,363
− Property taxes
−$4,232
− Insurance
−$925
− Repairs & maintenance
−$1,893
− Management
−$1,893
− Depreciation
−$5,382
Taxable loss
−$1,028
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$247
After-tax cash flow
$2,138/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
Dekalb County
NCES district ID
1301740
Math proficiency
19% ▼ -12.00%
Reading proficiency
28% ▼ -7.00%
Median HH income
$51,448
Composite
20.92/100
National rank
#8482
State rank
#125 of 174 in GA

Livability — Gresham Park

Score
66/100
State rank
#183
US rank
#11376

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Gresham Park, GA
County
Dekalb County · 782,738 people
Metro
Atlanta-Sandy Springs-Alpharetta, GA
Population (ZIP)
35,107
Household income
$102,891
Rent vs Own
38.7% rent · 61.3% own
Severe rent burden
1897.0

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 0.64)
Race & ethnicity
Black 47% White 36% Hispanic / Latino 8% Two or more races 7% Asian 4%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Lithuanian 2% Romanian 2% Slovak 1%
Foreign-born
6% · Canada
Languages at home
93% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%

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
▼ -415.92%
Current HPI
318.454
Rent YoY
▲ 2.33%
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

+208.3% since first listed
63 events — show timeline
  • 2026-05-07 Contingent FMLS
  • 2026-05-07 Contingent GAMLS
  • 2026-04-27 Relisted GAMLS
  • 2026-04-27 Relisted FMLS
  • 2026-04-21 Contingent FMLS
  • 2026-04-21 Pending GAMLS
  • 2026-03-26 Price Changed $185,000 FMLS
  • 2026-03-26 Price Changed $185,000 GAMLS
  • 2026-03-13 Price Changed $194,999 GAMLS
  • 2026-03-13 Price Changed $194,999 FMLS
  • 2026-02-05 Price Changed $195,000 FMLS
  • 2026-02-05 Price Changed $195,000 GAMLS
  • 2026-01-29 Price Changed $214,999 FMLS
  • 2026-01-29 Price Changed $214,999 GAMLS
  • 2025-12-08 Listed $215,000 GAMLS
  • 2025-12-08 Listed $215,000 FMLS
  • 2023-10-17 Rental Removed $1,545 APPFOLIO
  • 2023-10-15 Rental Removed $1,545 RENT.
  • 2023-10-14 Price Changed $1,545 APPFOLIO
  • 2023-10-11 Price Changed $1,545 RENT.
  • 2023-09-28 Listed for Rent $1,695 APPFOLIO
  • 2023-09-12 Rental Removed $1,695 APPFOLIO
  • 2023-09-09 Listed for Rent $1,695 APPFOLIO
  • 2023-09-07 Listed for Rent RENT.
  • 2023-08-15 Rental Removed RENT.
  • 2022-05-20 Sold (Public Records) $219,000 Public Records
  • 2022-05-17 Sold (MLS) $219,000 GAMLS
  • 2022-05-17 Sold (MLS) $219,000 FMLS
  • 2022-04-23 Pending FMLS
  • 2022-04-22 Pending GAMLS
  • 2022-04-08 Price Changed $239,000 FMLS
  • 2022-04-07 Price Changed $239,000 GAMLS
  • 2022-03-24 Price Changed $243,000 GAMLS
  • 2022-03-24 Price Changed $243,000 FMLS
  • 2022-03-19 Relisted GAMLS
  • 2022-03-17 Listing Removed GAMLS
  • 2022-03-17 Relisted FMLS
  • 2022-03-08 Pending FMLS
  • 2022-03-08 Pending GAMLS
  • 2022-02-25 Price Changed $252,000 GAMLS
  • 2022-02-24 Price Changed $252,000 FMLS
  • 2022-01-21 Price Changed $261,000 FMLS
  • 2022-01-20 Price Changed $261,000 GAMLS
  • 2021-12-14 Listed $265,000 GAMLS
  • 2021-12-14 Listed $265,000 FMLS
  • 2021-10-12 Sold (Public Records) $207,700 Public Records
  • 2017-06-08 Sold (Public Records) $89,000 Public Records
  • 2017-06-05 Pending GAMLS
  • 2017-06-01 Contingent FMLS
  • 2017-05-31 Sold (MLS) $89,000 GAMLS
  • 2017-05-31 Sold (MLS) $89,000 FMLS
  • 2017-04-17 Relisted FMLS
  • 2017-04-15 Pending FMLS
  • 2017-04-06 Listed $95,000 GAMLS
  • 2017-04-06 Listed $95,000 FMLS
  • 2017-04-01 Listing Removed GAMLS
  • 2017-01-11 Price Changed $95,000 GAMLS
  • 2016-12-02 Relisted GAMLS
  • 2016-12-01 Pending GAMLS
  • 2016-11-30 Listed $105,000 GAMLS
  • 2006-07-17 Sold (Public Records) $96,000 Public Records
  • 1998-06-22 Sold (Public Records) $70,000 Public Records
  • 1989-06-07 Sold (Public Records) $60,000 Public Records

Property tax history

+5.5%/yr

Latest (2025): $4,232 · +0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…