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2004 Joseph E Boone Blvd NW
C+ Composite 60.47
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 +24.7/30.0
  • DSCR +8.0/10.0
  • 1% rule +7.8/10.0
  • ARV discount +7.5/15.0
  • Livability +4.2/5.0
  • Rent growth +3.1/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$152,000

2004 Joseph E Boone Blvd NW · Atlanta, GA 30314
4 bd · 2.5 ba · 5,052 sqft · SingleFamily public records · 419 Days on market
Built 1956 0.34 ac lot $30/sqft · 80% below area

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

Listing remarks MLS

Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

Key facts

  • Elevated position
  • Brick-sided home
  • Panoramic views

Tags

BRICK-SIDED HOMESPACIOUS LAYOUTSTURDY BRICK EXTERIORELEVATED POSITIONPANORAMIC VIEWS

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 4-bed/2.5-bath single-family listed at $152k.

Deal economics

  • At list price, monthly cash flow is $317 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $152k).
  • Recommended offer: $134k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.8% 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 (+2.5%/yr); 294 active listings in the ZIP; lower-income renter base — watch delinquency; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
  • At $1,941/mo this rent would consume 55% of the median local household income ($42k/yr) (locally 1293% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 419 days — a 12% lower offer ($134k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 4y ago; this cycle's ask has dropped $95k (38%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: property tax is 2.8% of price; built in 1956 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% 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 $133,760 (12.0% below list)

Questions for the listing agent

  1. It's been on market 419 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.28%
Cap rate
8.80%
Cash-on-cash
8.95%
DSCR
1.40
GRM
6.5

CMA / ARV

ARV (median comp)
$544,406
List price
$152,000
Delta
-72.08%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 2.53% rent growth · sell at horizon

5-year hold
IRR
-3.3%
Equity multiple
0.88×
Total profit
$-5,206
Equity at exit
$22,664
10-year hold
IRR
5.9%
Equity multiple
1.43×
Total profit
$18,306
Equity at exit
$13,142

Cash invested: $42,560 (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 30314

Home prices YoY
-22.9%
Rents YoY
2.5%
Active inventory
294
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,941 medium interval (Pro) →
Mortgage (P&I)
$797
Tax from tax record
$356 /mo · $4,269/yr
Insurance
$63
HOA
$0
Vacancy / Maint / Mgmt
$408
Net cashflow
$317

Break-even live

Break-even rent $1,540
Max offer price $152,000
Occupancy floor 79%

Sensitivity live

Price -10% $403 -5% $360 +0% $317 +5% $274 +10% $231
Rent -10% $164 -5% $241 +0% $317 +5% $394 +10% $471
Rate -1.0pp $394 -0.5pp $356 base $317 +0.5pp $278 +1.0pp $238

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
$38,000
Closing costs
$4,560
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.

Listing history 38 events

  1. 2026-05-07
    status Back On Market 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  2. 2026-04-30
    historical 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  3. 2026-03-10
    price $152,000 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  4. 2026-02-11
    status Back On Market 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  5. 2026-02-05
    status Pending Offer Approval 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  6. 2025-12-26
    price $160,000 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  7. 2025-11-18
    price $174,900 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  8. 2025-10-20
    price $185,000 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  9. 2025-08-17
    price $192,000 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  10. 2025-08-14
    status Back On Market 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  11. 2025-06-03
    status Under Contract 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  12. 2025-03-28
    price $209,900 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  13. 2025-03-13
    status Price Change 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  14. 2025-03-13
    price $220,900 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  15. 2025-02-26
    historical 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  16. 2025-01-08
    price $230,000 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  17. 2024-12-20
    listed $247,000 New 878-char remark
    Show marketing remark (878 chars)

    Nestled on a hill with breathtaking views, this expansive two-story, brick-sided home offers boundless potential. This property presents a unique opportunity for those looking to customize a home to their exact specifications. Currently in the midst of renovation, the home is being sold AS IS, allowing you to finish it to your desired vision. With a spacious layout and ample square footage, this residence boasts plenty of room for your ideas to flourish. The sturdy brick exterior and elevated position offer both charm and privacy, while the panoramic views of the surrounding landscape make this home truly one-of-a-kind. Bring your contractor and your creativity - this home is a blank canvas waiting for its transformation! Check out the 3D 360 Virtual Tour to "walk" the property and look all around, including up at the ceilings and down at the floors.

  18. 2022-10-31
    soldstatus $195,000 Closed 237-char remark
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  19. 2022-10-31
    soldstatus $195,000 Sold
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  20. 2022-08-23
    status Under Contract
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  21. 2022-08-23
    status Pending 237-char remark
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  22. 2022-07-28
    price $214,900
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  23. 2022-07-28
    price $214,900 237-char remark
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  24. 2022-07-26
    listed $224,900 Active 237-char remark
    Show marketing remark (237 chars)

    Opportunity!! Bring your hammer and paint brush. Sitting on a 0.338 ACRES, this home is waiting to be brought back to life. After renovations, this will be a prized home to enjoy. This one is begging for a loving touch. Being sold AS-IS.

  25. 2022-07-25
    historical
  26. 2022-07-11
    price $224,900
  27. 2022-07-08
    status Back On Market
  28. 2022-06-01
    status Under Contract
  29. 2022-05-20
    price $237,900
  30. 2022-05-01
    price $242,900
  31. 2022-04-07
    status Active
  32. 2022-04-05
    historical
  33. 2022-03-30
    status Under Contract
  34. 2022-03-22
    listed $224,900 New
  35. 2022-03-22
    listed $249,900 New
  36. 1999-09-17
    soldstatus $79,800
  37. 1979-05-01
    soldstatus $31,900
  38. 1978-06-07
    soldstatus $30,400

ⓘ 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
$4,269 · $356/mo
Projected year-2 tax
$4,269 · $356/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 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 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
$23,293
− Mortgage interest
−$8,514
− Property taxes
−$4,269
− Insurance
−$760
− Repairs & maintenance
−$1,863
− Management
−$1,863
− Depreciation
−$4,422
Taxable income
$1,601
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$384
After-tax cash flow
$3,423/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)
23,333
Household income
$42,089
Rent vs Own
56.7% rent · 43.3% own
Severe rent burden
1293.0

Population outlook (Fulton County) Hauer SSP2

Today (2025)
1,203,707 people
By 2030
1,299,706 · +8.0%
By 2040
1,488,256 · +23.6%
By 2050
1,664,580 · +38.3%
By 2075
2,036,072 · +69.2%
By 2100
2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Black (76%)
Race & ethnicity
Black 76% White 11% Hispanic / Latino 7% Asian 4% Two or more races 3%
Hispanic origin (detail)
Mexican 4% Dominican 1%
Common ancestry
Lithuanian 1%
Foreign-born
6% · Canada, China, South Korea
Languages at home
89% English-only · Spanish 5% Other Indo-European 1% Chinese 1%

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
▼ -95.32%
Current HPI
321.4626
Rent YoY
▲ 2.53%
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

+400.0% since first listed
38 events — show timeline
  • 2026-05-07 Relisted GAMLS
  • 2026-04-30 Listing Removed GAMLS
  • 2026-03-10 Price Changed $152,000 GAMLS
  • 2026-02-11 Relisted GAMLS
  • 2026-02-05 Pending GAMLS
  • 2025-12-26 Price Changed $160,000 GAMLS
  • 2025-11-18 Price Changed $174,900 GAMLS
  • 2025-10-20 Price Changed $185,000 GAMLS
  • 2025-08-17 Price Changed $192,000 GAMLS
  • 2025-08-14 Relisted GAMLS
  • 2025-06-03 Pending GAMLS
  • 2025-03-28 Price Changed $209,900 GAMLS
  • 2025-03-13 Relisted GAMLS
  • 2025-03-13 Price Changed $220,900 GAMLS
  • 2025-02-26 Listing Removed GAMLS
  • 2025-01-08 Price Changed $230,000 GAMLS
  • 2024-12-20 Listed $247,000 GAMLS
  • 2022-10-31 Sold (MLS) $195,000 GAMLS
  • 2022-10-31 Sold (MLS) $195,000 FMLS
  • 2022-08-23 Pending GAMLS
  • 2022-08-23 Pending FMLS
  • 2022-07-28 Price Changed $214,900 GAMLS
  • 2022-07-28 Price Changed $214,900 FMLS
  • 2022-07-26 Listed $224,900 FMLS
  • 2022-07-25 Listing Removed GAMLS
  • 2022-07-11 Price Changed $224,900 GAMLS
  • 2022-07-08 Relisted GAMLS
  • 2022-06-01 Pending GAMLS
  • 2022-05-20 Price Changed $237,900 GAMLS
  • 2022-05-01 Price Changed $242,900 GAMLS
  • 2022-04-07 Relisted GAMLS
  • 2022-04-05 Listing Removed GAMLS
  • 2022-03-30 Pending GAMLS
  • 2022-03-22 Listed $249,900 GAMLS
  • 2022-03-22 Listed $224,900 GAMLS
  • 1999-09-17 Sold (Public Records) $79,800 Public Records
  • 1979-05-01 Sold (Public Records) $31,900 Public Records
  • 1978-06-07 Sold (Public Records) $30,400 Public Records

Property tax history

+8.7%/yr

Latest (2025): $4,269 · -7.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…