1165 Mobile St NW · Atlanta, GA 30314

$190,000

3 bd · 1.0 ba · 1,097 sqft · SingleFamily public records · 27 Days on market

Built 1955 7,492 sqft lot Est $180k · 6% over

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Why this score? — see what drove the D grade

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

• Cash flow +14.2/30.0
• ARV discount +5.0/15.0
• DSCR +4.3/10.0
• Livability +4.2/5.0
• 1% rule +4.1/10.0
• Rent growth +3.1/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

Key facts

• 7,492 sq ft lot
• Built 1955
• Listed 27 days

Property features AI

Finance

• Other: Located in Hunter Terrace subdivision; GPS friendly directions
• HOA & community: No HOA

Exterior

• Parking: Carport; Parking pad; Open parking available
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; High speed internet available; Cable available
• Home design: Single family residence; House; Built in 1955; One story
• Construction: Brick and other construction materials; Composition roof; Owner-reported building area 1060
• Exterior features: City lot

Interior

• Kitchen: Appliances: Other
• Bedrooms: 3 bedrooms on the main level
• Flooring: Other flooring
• Bathrooms: 2 full bathrooms on the main level
• Heating & cooling: Central heating; Ceiling fan(s) for cooling
• Interior features: One-level layout; Owner-reported living area 1060; Fixer condition
• Laundry & utility: Laundry features: Other

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $32 ($384/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (9.4% below list).
• Recommended offer: $172k (9.4% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 3.1% in Atlanta — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 83/100 on livability (#6 in GA, #919 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: 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.
• Zoned schools: Kipp Ways Primary Charter School (math 5% / reading 5%, grade F, #1,160 of 1,228 statewide, top 98%, 477 students, 100% FRL, charter); Herman J. Russell West End Academy (math 12% / reading 12%, grade F, #417 of 470 statewide, top 90%, 399 students, 100% FRL); Booker T. Washington High School (math 24% / reading 24%, grade F, #184 of 424 statewide, top 48%, 831 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 14% at this address vs 32% district-wide (-18 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.5%/yr); 293 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 11,565 units permitted in Fulton County in 2024 (8,159 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.
• 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 27 days — a 2% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $60k; list at $190k implies a 219% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — 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 $172,177 (9.4% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 0.91% ✗
• Cap rate: 6.49%
• Cash-on-cash: 0.72%
• DSCR: 1.03
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $179,908
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
255 Stafford St NW	0.06mi	2/2.0 (-1)	1,088 (-1%)	10mo	$112,000	$103	78
227 Chappell Rd NW	0.45mi	3/1.0	1,097 (0%)	1mo	$185,000	$169	78
259 Stafford St NW	0.08mi	3/1.5	1,027 (-6%)	9mo	$56,000	$55	77
1131 Harwell St NW	0.47mi	3/2.0	1,136 (+4%)	3mo	$300,000	$264	66
1189 Gardenia St NW	0.46mi	3/2.0	1,156 (+5%)	1mo	$340,000	$294	64
973 Neal St NW	0.46mi	3/2.0	1,082 (-1%)	11mo	$210,000	$194	63
6 Rockmart Dr SW	0.58mi	4/2.0 (+1)	1,118 (+2%)	8mo	$140,000	$125	54
70 Rockmart Dr NW	0.47mi	3/1.5	1,204 (+10%)	9mo	$175,000	$145	52
1342 North Ave NW	0.49mi	4/2.0 (+1)	1,004 (-8%)	3mo	$165,000	$164	52
1400 North Ave NW	0.56mi	3/2.0	1,228 (+12%)	6mo	$270,000	$220	44
845 Cameron M Alexander Blvd NW	0.72mi	3/1.0	988 (-10%)	10mo	$135,000	$137	42
228 James P Brawley Dr	0.74mi	3/2.0	1,232 (+12%)	8mo	$165,000	$134	34

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 · 2.53% rent growth · sell at horizon

5-year hold

• IRR: -15.7%
• Equity multiple: 0.44×
• Total profit: $-29,527
• Equity at exit: $28,330

10-year hold

• IRR: -8.0%
• Equity multiple: 0.51×
• Total profit: $-26,241
• Equity at exit: $16,428

Cash invested: $53,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30314

• Home prices YoY: -22.9%
• Rents YoY: 2.5%
• Active inventory: 293
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,722 high
• Mortgage (P&I): −$996
• Tax from tax record: −$253 /mo · $3,032/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$362
• Net cashflow: $32

Break-even live

Break-even rent $1,681

Max offer price $190,000

Occupancy floor 93%

Sensitivity live

Price	-10% $140	-5% $86	+0% $32	+5% $-22	+10% $-76
Rent	-10% $-104	-5% $-36	+0% $32	+5% $100	+10% $168
Rate	-1.0pp $128	-0.5pp $80	base $32	+0.5pp $-17	+1.0pp $-67

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
245 Stafford St NW Unit A Atlanta, GA	2.0	1.0	784	$1,300	$1.66	26d	1	0.11mi
1005 Westmoor Dr NW Unit A Atlanta, GA	4.0	2.0	1348	$1,695	$1.26	26d	1	0.38mi
120 Burbank Dr NW Atlanta, GA	3.0	2.0	1331	$1,795	$1.35	26d	1	0.38mi
1332 Akridge St NW Atlanta, GA	3.0	2.0	1400	$1,775	$1.27	26d	1	0.47mi
272 Joseph E Lowery Blvd NW Atlanta, GA	3.0	1.0	1230	$1,800	$1.46	26d	1	0.48mi
1448 Rome Dr NW Unit 1448 Atlanta, GA	3.0	2.5	1400	$2,300	$1.64	14d	1	0.54mi
891 Rock St NW Atlanta, GA	2.0–3.0	2.0	1104	$1,491	$1.35	26d	4	0.54mi
936 Mayson Turner Rd NW Atlanta, GA	3.0	1.0–2.0	648	$1,377	$2.12	0d	13	0.56mi
5 Burbank Dr SW Unit B Atlanta, GA	2.0	1.0	1000	$1,300	$1.30	18d	1	0.59mi
15 Burbank Dr SW Unit 3 Atlanta, GA	2.0	1.0	900	$1,350	$1.50	12d	1	0.61mi
1338 Sharon St NW Atlanta, GA	2.0	1.0	800	$1,600	$2.00	21d	1	0.66mi
1336 Sharon St NW Atlanta, GA	2.0	1.0	800	$1,450	$1.81	26d	1	0.66mi
557 Chappell Rd NW Atlanta, GA	3.0	2.0	1264	$1,850	$1.46	7d	1	0.68mi
399 Holly St NW Unit 6 Atlanta, GA	2.0	1.0	775	$1,500	$1.94	20d	1	0.68mi
564 Joseph E. Lowery Blvd NW Unit 3 Atlanta, GA	2.0	1.0	980	$1,100	$1.12	26d	1	0.69mi
564 Joseph E Lowery Blvd NW Atlanta, GA	2.0	1.0	980	$1,100	$1.12	26d	1	0.69mi
280 Holly Rd NW Unit B Atlanta, GA	2.0	2.0	1100	$1,650	$1.50	26d	1	0.69mi
427 Holly St NW Atlanta, GA	2.0	2.0	900	$2,100	$2.33	26d	1	0.70mi
870 Mayson Turner Rd NW #1442 Atlanta, GA	2.0	2.0	1094	$2,100	$1.92	26d	1	0.71mi
590 Joseph E Lowery Blvd NW Atlanta, GA	2.0	1.0	980	$1,100	$1.12	26d	1	0.72mi
60 Paschal Blvd NW Atlanta, GA	1.0–3.0	1.0–2.5	945	$1,625	$1.72	26d	25	0.79mi
371 Lanier St NW #1 Atlanta, GA	2.0	1.0	700	$1,250	$1.79	9d	1	0.79mi
882 Fox St NW Atlanta, GA	2.0	1.0	980	$1,350	$1.38	26d	1	0.83mi
884 T P Burruss SR Dr SW Atlanta, GA	3.0	2.0	1366	$2,299	$1.68	26d	1	0.83mi
1595 Carlisle St NW Unit 1 Atlanta, GA	2.0	1.0	900	$1,200	$1.33	26d	1	0.84mi
139 Lawton St SW Atlanta, GA	2.0	1.0	750	$995	$1.33	26d	1	0.85mi
155 Rosser St SW Atlanta, GA	3.0	2.0	1500	$2,073	$1.38	26d	1	0.86mi
945 Palmetto Ave SW Atlanta, GA	3.0	2.0	1200	$3,500	$2.92	26d	1	0.87mi
865 Fox St NW Atlanta, GA	2.0	1.0	980	$1,200	$1.22	26d	1	0.88mi
481 Griffin St NW Atlanta, GA	2.0	2.0	1080	$2,000	$1.85	18d	1	0.92mi
954 Parsons St SW Atlanta, GA	4.0	3.5	1376	$2,800	$2.03	24d	1	0.93mi
679 Jones Ave NW Atlanta, GA	3.0	2.0	1350	$2,195	$1.63	26d	1	0.94mi
636 Francis Pl NW Unit A Atlanta, GA	2.0	2.0	1380	$1,800	$1.30	26d	1	0.95mi
20 Griffin St NW Unit 1 Atlanta, GA	2.0	1.0	800	$1,250	$1.56	26d	1	0.95mi
75 Griffin St NW Atlanta, GA	2.0	1.0	1000	$1,600	$1.60	26d	1	0.95mi
390 W Lake Ave NW Unit B9 Atlanta, GA	2.0	1.5	1256	$1,275	$1.02	26d	1	0.98mi
390 W Lake Ave NW Unit A10 Atlanta, GA	3.0	1.5	1256	$1,275	$1.02	26d	1	0.98mi
390 W Lake Ave NW Apt A1 Atlanta, GA	3.0	1.5	1256	$1,299	$1.03	26d	1	0.98mi
403 Elm St NW Atlanta, GA	3.0	1.0	874	$1,700	$1.95	26d	1	1.02mi
195 W Lake Ave NW Unit 1 Atlanta, GA	3.0	2.0	1245	$2,654	$2.13	26d	1	1.03mi

Listing history 38 events

1. 2026-06-21
   days on market $190,000 Active 27 DOM
2. 2026-06-18
   days on market $190,000 Active 24 DOM
3. 2026-06-17
   days on market $190,000 Active 23 DOM
4. 2026-06-16
   days on market $190,000 Active 22 DOM
5. 2026-06-15
   days on market $190,000 Active 21 DOM
6. 2026-06-13
   days on market $190,000 Active 19 DOM
7. 2026-06-13
   days on market $190,000 Active 18 DOM
8. 2026-06-09
   days on market $190,000 Active 15 DOM
9. 2026-06-08
   statusdays on market $190,000 Active 14 DOM
10. 2026-06-07
    days on market $190,000 New 13 DOM
11. 2026-06-04
    days on market $190,000 New 10 DOM
12. 2026-06-03
    days on market $190,000 New 9 DOM
13. 2026-06-02
    days on market $190,000 New 8 DOM
14. 2026-06-01
    days on market $190,000 New 7 DOM
15. 2026-05-31
    days on market $190,000 New 6 DOM
16. 2026-05-25
    listed $190,000 New
17. 2018-05-01
    soldstatus $59,500
18. 2015-06-01
    historical
19. 2015-03-09
    price $30,000
20. 2015-02-06
    listed $35,999 New
21. 2011-08-09
    soldstatus $12,500 Sold 89-char remark

    Show marketing remark (89 chars)

    GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

22. 2011-07-31
    historical 89-char remark

    Show marketing remark (89 chars)

    GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

23. 2011-06-11
    price $11,900
24. 2011-06-10
    price $11,900 89-char remark

    Show marketing remark (89 chars)

    GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

25. 2011-05-07
    price $13,250
26. 2011-05-06
    price $13,250 89-char remark

    Show marketing remark (89 chars)

    GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

27. 2011-03-24
    listed $14,000 Active 89-char remark

    Show marketing remark (89 chars)

    GREAT OPPORTUNITY. SPACIOUS 3 BEDROOM HOME, 1 FULL BATH. CLOSE TO PUBLIC TRANSPORTATION.

28. 2010-03-23
    price $46,500 Reduced
29. 2010-03-03
    price $47,000 Reduced
30. 2010-01-06
    price $47,500 Reduced
31. 2009-12-24
    price $48,500
32. 2009-12-16
    price $49,500 Reduced
33. 2008-12-15
    soldstatus $38,000
34. 2008-09-17
    soldstatus $16,900
35. 2008-04-08
    listed $24,500
36. 2003-12-19
    soldstatus $74,000
37. 1993-05-05
    soldstatus $16,100
38. 1978-08-01
    soldstatus $7,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $3,032 · $253/mo
• Projected year-2 tax: $3,032 · $253/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 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,661
• − Mortgage interest: −$10,643
• − Property taxes: −$3,032
• − Insurance: −$950
• − Repairs & maintenance: −$1,653
• − Management: −$1,653
• − Depreciation: −$5,527
• Taxable loss: −$2,797
• Est. tax savings @ 24.0%: +$671
• After-tax cash flow: $1,055/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
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+2433.3% since first listed

23 events — show timeline

• 2026-05-25 Listed $190,000 GAMLS
• 2018-05-01 Sold (Public Records) $59,500 Public Records
• 2015-06-01 Listing Removed — GAMLS
• 2015-03-09 Price Changed $30,000 GAMLS
• 2015-02-06 Listed $35,999 GAMLS
• 2011-08-09 Sold (MLS) $12,500 FMLS
• 2011-07-31 Listing Removed — FMLS
• 2011-06-11 Price Changed $11,900 GAMLS
• 2011-06-10 Price Changed $11,900 FMLS
• 2011-05-07 Price Changed $13,250 GAMLS
• 2011-05-06 Price Changed $13,250 FMLS
• 2011-03-24 Listed $14,000 FMLS
• 2010-03-23 Price Changed $46,500 GAMLS
• 2010-03-03 Price Changed $47,000 GAMLS
• 2010-01-06 Price Changed $47,500 GAMLS
• 2009-12-24 Price Changed $48,500 GAMLS
• 2009-12-16 Price Changed $49,500 GAMLS
• 2008-12-15 Sold (Public Records) $38,000 Public Records
• 2008-09-17 Sold (MLS) $16,900 FMLS
• 2008-04-08 Listed $24,500 FMLS
• 2003-12-19 Sold (Public Records) $74,000 Public Records
• 1993-05-05 Sold (Public Records) $16,100 Public Records
• 1978-08-01 Sold (Public Records) $7,500 Public Records

Property tax history

+7.0%/yr

Latest (2025): $3,032 · -0.9% YoY. Source: county tax records.