2004 Joseph E Boone Blvd NW · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- 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.
- 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
- 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
- IRR
- -3.3%
- Equity multiple
- 0.88×
- Total profit
- $-5,206
- Equity at exit
- $22,664
- 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
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
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
-
2026-05-07status 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.
-
2026-04-30historical 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.
-
2026-03-10price $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.
-
2026-02-11status 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.
-
2026-02-05status 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.
-
2025-12-26price $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.
-
2025-11-18price $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.
-
2025-10-20price $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.
-
2025-08-17price $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.
-
2025-08-14status 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.
-
2025-06-03status 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.
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2025-03-28price $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.
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2025-03-13status 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.
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2025-03-13price $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.
-
2025-02-26historical 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.
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2025-01-08price $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.
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2024-12-20$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.
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2022-10-31soldstatus $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.
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2022-10-31soldstatus $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.
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2022-08-23status 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.
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2022-08-23status 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.
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2022-07-28price $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.
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2022-07-28price $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.
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2022-07-26$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.
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2022-07-25historical
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2022-07-11price $224,900
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2022-07-08status Back On Market
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2022-06-01status Under Contract
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2022-05-20price $237,900
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2022-05-01price $242,900
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2022-04-07status Active
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2022-04-05historical
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2022-03-30status Under Contract
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2022-03-22$224,900 New
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2022-03-22$249,900 New
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1999-09-17soldstatus $79,800
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1979-05-01soldstatus $31,900
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1978-06-07soldstatus $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
- 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
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
- 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 |
|---|---|---|
| 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
+400.0% since first listed38 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%/yrLatest (2025): $4,269 · -7.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…