5602 Tunbridge Wells Rd · Redan, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 10 days/yr
Risk factors via First Street. Map © Google.
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 +13.4/15.0
- Cash flow +11.1/30.0
- 1% rule +3.8/10.0
- DSCR +3.2/10.0
- Livability +3.2/5.0
- Rent growth +2.8/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$219,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
Key facts
- Tray ceiling
- Ranch style home
- Stone accents
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $220k.
Deal economics
- At list price, monthly cash flow is $-90 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $204k (7.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (12.1% below list).
- Recommended offer: $193k (12.1% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 64/100 on livability (#274 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime 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.
- Zoned schools: Oakcliff Elementary School (math 15% / reading 21%, grade F, #926 of 1,228 statewide, top 76%, 660 students, 94% FRL); Redan Middle School (math 8% / reading 12%, grade F, #433 of 470 statewide, top 93%, 668 students, 100% FRL); Redan High School (math 8% / reading 17%, grade F, #336 of 424 statewide, top 80%, 951 students, 100% FRL) — zoned schools average 98% FRL vs 68% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Market conditions: Rents rising (+1.2%/yr); 444 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
- This rent runs 38% of the median local income ($62k/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 $2k of loan paydown is wiped out by about $7k 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 158 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $60k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $104k; list at $220k implies a 111% gain — meaningful room to come down on a strong offer.
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.
Questions for the listing agent
- 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?
- It's been on market 158 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.88% ✗
- Cap rate
- 5.80%
- Cash-on-cash
- -1.75%
- DSCR
- 0.92
- GRM
- 9.5
CMA / ARV
- ARV (median comp)
- $253,349
- List price
- $219,900
- Delta
- -13.20%
- 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 |
|---|---|---|---|---|---|---|---|
| 5571 Tunbridge Wells Rd | 0.06mi | 3/2.0 | 1,367 (-2%) | 3mo | $220,000 | $161 | 92 |
| 1579 Dillard Rd | 0.06mi | 3/3.0 | 1,407 (+1%) | 4mo | $219,000 | $156 | 88 |
| 5620 Whittondale Rd | 0.16mi | 3/2.0 | 1,337 (-4%) | 5mo | $231,900 | $173 | 82 |
| 1937 Young Rd | 0.41mi | 3/2.0 | 1,378 (-1%) | 1mo | $210,000 | $152 | 78 |
| 5789 Dorian Ct | 0.37mi | 3/2.0 | 1,440 (+4%) | 3mo | $199,900 | $139 | 75 |
| 1311 Stoneleigh Way | 0.43mi | 3/2.0 | 1,344 (-3%) | 5mo | $230,000 | $171 | 70 |
| 5328 Biffle Down Rd | 0.61mi | 3/2.0 | 1,357 (-2%) | 2mo | $204,125 | $150 | 66 |
| 1870 Taffeta Cv | 0.67mi | 3/2.0 | 1,485 (+7%) | 0mo | $155,000 | $104 | 57 |
| 5283 Biffle Downs Rd | 0.55mi | 3/2.0 | 1,246 (-10%) | 2mo | $214,000 | $172 | 55 |
| 1748 Charmeth Rd | 0.34mi | 4/2.0 (+1) | 1,577 (+13%) | 2mo | $229,900 | $146 | 55 |
| 1774 Northwick Pl | 0.54mi | 3/2.0 | 1,246 (-10%) | 4mo | $179,600 | $144 | 54 |
| 1914 Taffeta Trl | 0.69mi | 3/2.0 | 1,189 (-14%) | 1mo | $205,000 | $172 | 42 |
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 · 1.18% rent growth · sell at horizon
- IRR
- -21.3%
- Equity multiple
- 0.27×
- Total profit
- $-44,751
- Equity at exit
- $32,788
- IRR
- -20.1%
- Equity multiple
- 0.03×
- Total profit
- $-59,740
- Equity at exit
- $19,013
Cash invested: $61,572 (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
ZIP-level market 30058
- Home prices YoY
- -21.4%
- Rents YoY
- 1.2%
- Active inventory
- 444
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $1,933 high interval (Pro) →
- Mortgage (P&I)
- −$1,153
- Tax from tax record
- −$372 /mo · $4,468/yr
- Insurance
- −$92
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$406
- Net cashflow
- $-90
Break-even live
Sensitivity live
| Price | -10% $35 | -5% $-28 | +0% $-90 | +5% $-152 | +10% $-214 |
|---|---|---|---|---|---|
| Rent | -10% $-243 | -5% $-166 | +0% $-90 | +5% $-14 | +10% $63 |
| Rate | -1.0pp $21 | -0.5pp $-34 | base $-90 | +0.5pp $-147 | +1.0pp $-205 |
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
- $54,975
- Closing costs
- $6,597
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1610 Burnstone Dr Stone Mountain, GA | 3.0 | 2.0 | 1370 | $1,850 | $1.35 | 45d | 1 | 0.11mi |
| 1487 Saint Dunstans Rd Lithonia, GA | 3.0 | 2.5 | 1650 | $1,973 | $1.20 | 0d | 1 | 0.17mi |
| 1724 Laurel Creek Cir Lithonia, GA | 3.0 | 2.5 | 1558 | $1,935 | $1.24 | 14d | 1 | 0.42mi |
| 1652 Downs Xing Stone Mountain, GA | 3.0 | 2.5 | 1376 | $1,595 | $1.16 | 1d | 1 | 0.47mi |
| 5799 Redan Rd Stone Mountain, GA | 3.0 | 2.0 | 1546 | $1,490 | $0.96 | 26d | 1 | 0.54mi |
| 1893 Gingham Way Lithonia, GA | 3.0 | 2.0 | 1144 | $1,730 | $1.51 | 18d | 1 | 0.61mi |
| 1717 Panola Rd Stone Mountain, GA | 3.0–4.0 | 2.5 | 2107 | $2,369 | $1.12 | 1d | 98 | 0.62mi |
| 1815 Herringbone Holw Lithonia, GA | 3.0 | 2.0 | 1812 | $1,750 | $0.97 | 45d | 1 | 0.63mi |
| 1964 Taffeta Trl Lithonia, GA | 3.0 | 2.0 | 1508 | $1,870 | $1.24 | 21d | 1 | 0.76mi |
| 5974 S Deshon Ct Lithonia, GA | 4.0 | 2.5 | 1704 | $2,050 | $1.20 | 26d | 1 | 0.82mi |
| 5663 Saint Thomas Dr Lithonia, GA | 4.0 | 2.0 | 1230 | $1,595 | $1.30 | 14d | 1 | 0.82mi |
| 5579 Marbut Rd Lithonia, GA | 3.0 | 2.5 | 1280 | $1,850 | $1.45 | 45d | 1 | 0.83mi |
| 1874 Vauxhall Dr Lithonia, GA | 3.0 | 2.0 | 1367 | $1,595 | $1.17 | 4d | 1 | 0.83mi |
| 6014 Bretton Woods Dr Lithonia, GA | 4.0 | 2.5 | 1625 | $2,195 | $1.35 | 45d | 1 | 0.94mi |
| 2005 Marbut Forest Dr Lithonia, GA | 3.0 | 2.0 | 1556 | $1,900 | $1.22 | 7d | 1 | 0.99mi |
| 1467 Muirfield Dr Stone Mountain, GA | 3.0 | 2.0 | 1630 | $1,870 | $1.15 | 23d | 1 | 1.01mi |
| 5536 Downs Way Lithonia, GA | 3.0 | 2.0 | 1400 | $1,600 | $1.14 | 45d | 1 | 1.08mi |
| 5734 Lanny Ln Lithonia, GA | 3.0 | 2.0 | 1589 | $1,800 | $1.13 | 26d | 1 | 1.09mi |
| 5386 Kristian Ct Stone Mountain, GA | 4.0 | 2.0 | 1531 | $1,901 | $1.24 | 26d | 1 | 1.16mi |
| 5349 Tracey Dr Stone Mountain, GA | 3.0 | 2.0 | 1188 | $1,975 | $1.66 | 18d | 1 | 1.20mi |
| 5349 Tracey Dr Stone Mountain, GA | 3.0 | 2.0 | 1188 | $1,975 | $1.66 | 45d | 1 | 1.20mi |
| 2093 Drake Ct Lithonia, GA | 3.0 | 2.0 | 1168 | $1,604 | $1.37 | 1d | 1 | 1.22mi |
| 5550 Wellborn Creek Dr Lithonia, GA | 3.0 | 2.5 | 1850 | $2,085 | $1.13 | 3d | 1 | 1.24mi |
| 1078 Forest Path Stone Mountain, GA | 4.0 | 2.5 | 1554 | $1,845 | $1.19 | 45d | 1 | 1.29mi |
| 1958 Overton Trl Stone Mountain, GA | 3.0 | 2.0 | 1100 | $1,625 | $1.48 | 23d | 1 | 1.30mi |
| 5972 Wellborn Trce Lithonia, GA | 3.0 | 2.0 | 1820 | $1,000 | $0.55 | 14d | 1 | 1.30mi |
| 5356 Olde St Stone Mountain, GA | 3.0 | 2.5 | 1560 | $1,745 | $1.12 | 22d | 1 | 1.35mi |
| 2090 Tidwell Trl Stone Mountain, GA | 3.0 | 2.0 | 1214 | $1,800 | $1.48 | 45d | 1 | 1.42mi |
| 5823 Strathmoor Manor Cir Lithonia, GA | 3.0 | 2.5 | 1348 | $1,925 | $1.43 | 26d | 1 | 1.44mi |
| 5486 Fox Valley Ln Stone Mountain, GA | 3.0 | 2.5 | 1536 | $1,850 | $1.20 | 21d | 1 | 1.44mi |
| 5811 Strathmoor Manor Cir Lithonia, GA | 2.0 | 1.5 | 1044 | $1,560 | $1.49 | 14d | 1 | 1.45mi |
| 2060 Kimber Trl Stone Mountain, GA | 3.0 | 2.0 | 1058 | $1,650 | $1.56 | 4d | 1 | 1.45mi |
| 2136 Sara Ashley Way Lithonia, GA | 3.0 | 2.0 | 1590 | $2,200 | $1.38 | 1d | 1 | 1.46mi |
| 5625 Strathmoor Manor Cir Lithonia, GA | 3.0 | 2.5 | 1336 | $1,550 | $1.16 | 4d | 1 | 1.47mi |
| 5625 Strathmoor Manor Cir Lithonia, GA | 3.0 | 2.5 | 1336 | $1,550 | $1.16 | 1d | 1 | 1.47mi |
| 2078 Kimber Trl Stone Mountain, GA | 3.0 | 2.0 | 1144 | $1,973 | $1.72 | 1d | 1 | 1.47mi |
| 5798 Strathmoor Manor Cir Lithonia, GA | 3.0 | 2.5 | 1347 | $1,575 | $1.17 | 45d | 1 | 1.47mi |
| 2244 Mulsanne Dr Lithonia, GA | 3.0 | 2.5 | 1750 | $2,250 | $1.29 | 7d | 1 | 1.48mi |
| 5863 Strathmoor Manor Cir Lithonia, GA | 3.0 | 2.5 | 1347 | $1,650 | $1.22 | 4d | 1 | 1.48mi |
| 5792 Strathmoor Manor Cir Lithonia, GA | 2.0 | 2.5 | 1428 | $1,700 | $1.19 | 45d | 1 | 1.49mi |
Listing history 23 events
-
2026-06-02status $219,900 Under Contract 158 DOM
-
2026-06-01days on market $219,900 Active 158 DOM
-
2026-05-31days on market $219,900 Active 157 DOM
-
2026-05-08price $219,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-04-30status Back On Market 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-04-29status Under Contract 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-04-17price $229,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-04-10price $239,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-03-06price $249,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-01-22price $269,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2026-01-09price $274,900 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
-
2025-12-24$279,900 New 638-char remark
Show marketing remark (638 chars)
BACK ON MARKET AT NO FAULT OF SELLER. Welcome to this classic 3 bedroom 2 bathroom ranch style home in beautiful Lithonia! Featuring a 2 car garage and stone accents, this home has it all. Enter into a large open area with the dining room to the left highlighted with a beautiful tray ceiling and living room to the right complete with vaulted ceilings and a gorgeous stone fireplace. An open, spacious kitchen boasts a decorative backsplash to accent your favorite decor. The bedrooms are finished with neutral colors and plenty of natural light. Outside, raised garden beds are just waiting for your favorite flowers or vegetables!
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2025-11-23historical
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2025-10-02price $298,900
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2025-09-12price $305,900
-
2025-09-04historical
-
2025-09-03price $312,900
-
2025-08-11price $319,900
-
2025-07-23$319,900 New
-
2025-07-23$324,900 New
-
2000-09-18soldstatus $104,000
-
1990-10-16soldstatus $72,000
-
1990-05-09soldstatus $52,300
ⓘ 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
- $4,468 · $372/mo
- Projected year-2 tax
- $4,468 · $372/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 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 7 unhealthy d/yr today · 10 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
- $23,198
- − Mortgage interest
- −$12,318
- − Property taxes
- −$4,468
- − Insurance
- −$1,100
- − Repairs & maintenance
- −$1,856
- − Management
- −$1,856
- − Depreciation
- −$6,397
- Taxable loss
- −$4,796
- Est. tax savings @ 24.0%
- +$1,151
- After-tax cash flow
- $72/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 — Redan
- Score
- 64/100
- State rank
- #274
- US rank
- #14766
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Redan, GA
- County
- Dekalb County · 782,738 people
- City population
- 29,279
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 62,614
- Household income
- $61,684
- Rent vs Own
- Severe rent burden
- 3471.0
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
- Predominantly Black (91%)
- Race & ethnicity
- Black 91% Hispanic / Latino 3% White 3% Two or more races 3%
- Common ancestry
- Hispanic 0%
- Foreign-born
- 12% · Canada, United Kingdom
- Languages at home
- 93% English-only · Spanish 2% French/Haitian/Cajun 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
- ▼ -60.90%
- Current HPI
- 224.0366
- Rent YoY
- ▲ 1.18%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+320.5% since first listed20 events — show timeline
- 2026-05-08 Price Changed $219,900 GAMLS
- 2026-04-30 Relisted — GAMLS
- 2026-04-29 Pending — GAMLS
- 2026-04-17 Price Changed $229,900 GAMLS
- 2026-04-10 Price Changed $239,900 GAMLS
- 2026-03-06 Price Changed $249,900 GAMLS
- 2026-01-22 Price Changed $269,900 GAMLS
- 2026-01-09 Price Changed $274,900 GAMLS
- 2025-12-24 Listed $279,900 GAMLS
- 2025-11-23 Listing Removed — GAMLS
- 2025-10-02 Price Changed $298,900 GAMLS
- 2025-09-12 Price Changed $305,900 GAMLS
- 2025-09-04 Listing Removed — GAMLS
- 2025-09-03 Price Changed $312,900 GAMLS
- 2025-08-11 Price Changed $319,900 GAMLS
- 2025-07-23 Listed $324,900 GAMLS
- 2025-07-23 Listed $319,900 GAMLS
- 2000-09-18 Sold (Public Records) $104,000 Public Records
- 1990-10-16 Sold (Public Records) $72,000 Public Records
- 1990-05-09 Sold (Public Records) $52,300 Public Records
Property tax history
+8.4%/yrLatest (2025): $4,468 · +23.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…