2870 Pharr Ct NW #506 · Atlanta, 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 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 25.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 7 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 +14.8/15.0
- Schools +4.3/10.0
- Livability +4.2/5.0
- 1% rule +4.0/10.0
- Condition / age +4.0/5.0
- Rent growth +3.7/5.0
- Cash flow +3.0/30.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$247,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Quiet luxury meets unbeatable convenience in this beautifully appointed 2-bedroom, 2-bathroom condo one minute from Buckhead Village. Tucked away on a peaceful side street, this residence offers the perfect balance of serene living and immediate access to Atlanta's premier dining, shopping, and entertainment. Step inside to discover a thoughtfully designed split-bedroom floor plan, ideal for privacy and functionality. Floor-to-ceiling windows flood the space with natural light, highlighting the elegant living area complete with hardwood flooring and custom built-in bookcases. The owner's suite is a true retreat, featuring built-ins for added style and storage, along with a spa-inspired bathroom boasting an oversized, luxurious shower. Enjoy effortless everyday living with unmatched convenience Publix is just a one-minute walk away via a private gated entrance, making errands a breeze. This amenity-rich community elevates your lifestyle with two assigned covered parking spaces in a secure garage, 24/7 concierge service, and key-access security. Residents also enjoy a rooftop tennis court, resort-style pool with grilling and lounge areas, and a beautifully equipped fitness center featuring state-of-the-art weightlifting equipment. As an added value, the unit includes a high-quality LG WashTower washer and dryer (valued up to $2,000). The Seller is also offering an attractive incentive covering the first month of HOA dues for the Buyer. Whether you're seeking a peaceful retreat or a vibrant city lifestyle, this condo delivers the best of both worlds quietly tucked away, yet just minutes from everything Buckhead has to offer.
Key facts
- Oversized shower
- $857 HOA
- 2 parking spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath condo listed at $247k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-800 ($-10k/yr) — negative.
- To cash-flow at today's rent, offer at most $131k (46.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (9.6% below list).
- Recommended offer: $131k (46.9% below list) — sets the bar for cash-flow.
- Cap rate 2.4% vs local median 3.2% in Atlanta — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
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: Morris Brandon Elementary School (math 61% / reading 64%, grade B, #108 of 1,228 statewide, top 9%, 865 students, 12% FRL); Willis A. Sutton Middle School (math 36% / reading 55%, grade D+, #97 of 470 statewide, top 22%, 1,548 students, 34% FRL); North Atlanta High School (math 27% / reading 17%, grade F, #213 of 424 statewide, top 51%, 2,316 students, 24% FRL) — zoned schools average 24% FRL vs 71% district-wide (47 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents rising fast (+4.8%/yr); 599 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 60d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $2k of loan paydown is wiped out by about $7k 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 61 days — a 6% lower offer ($232k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts 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.
Risks & watch-outs
- Watch-outs: HOA is 38% of rent.
- Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→16/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 61 days. Have you received any prior offers? Is the seller open to a 47% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- 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.
- 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.90% ✗
- Cap rate
- 2.41%
- Cash-on-cash
- -13.88%
- DSCR
- 0.38
- GRM
- 9.2
CMA / ARV
- ARV (median comp)
- $294,816
- List price
- $247,000
- Delta
- -16.22%
- 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 |
|---|---|---|---|---|---|---|---|
| 2881 Peachtree Rd NE #702 | 0.15mi | 2/2.0 | 1,328 (+8%) | 0mo | $375,000 | $282 | 79 |
| 3235 Roswell Rd NE #703 | 0.78mi | 2/2.0 | 1,200 (-2%) | 1mo | $357,000 | $298 | 60 |
| 3338 Peachtree Rd NE #3302 | 1.33mi | 2/2.0 | 1,273 (+4%) | 0mo | $469,000 | $368 | 59 |
| 1014 Summit North Dr NE #1014 | 1.41mi | 2/2.0 | 1,280 (+4%) | 0mo | $243,000 | $190 | 58 |
| 2277 Peachtree Rd NE #407 | 1.24mi | 2/2.0 | 1,157 (-6%) | 1mo | $313,000 | $271 | 55 |
| 136 Peachtree Memorial Dr Unit VA3 | 1.25mi | 2/1.5 | 1,108 (-10%) | 0mo | $300,000 | $271 | 46 |
| 136 Peachtree Memorial Dr NW Unit GA8 | 1.29mi | 2/1.5 | 1,108 (-10%) | 1mo | $250,000 | $226 | 46 |
| 120 Biscayne Dr NW Unit B3 | 1.37mi | 2/1.5 | 1,036 (-16%) | 1mo | $174,250 | $168 | 37 |
| 311 Peachtree Hills Ave NE Unit 4A | 1.27mi | 2/1.0 | 1,020 (-17%) | 1mo | $235,000 | $230 | 35 |
| 311 Peachtree Hills Ave NE Unit 12F | 1.27mi | 2/1.0 | 1,020 (-17%) | 1mo | $242,500 | $238 | 35 |
| 3345 Mathieson Dr | 0.98mi | 3/2.0 (+1) | 1,461 (+19%) | 0mo | $747,000 | $511 | 35 |
| 3180 NE Mathieson Dr NE #704 | 0.72mi | 1/1.0 (-1) | 1,014 (-17%) | 1mo | $311,053 | $307 | 32 |
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 · 4.75% rent growth · sell at horizon
- IRR
- -38.7%
- Equity multiple
- -0.25×
- Total profit
- $-86,424
- Equity at exit
- $36,829
- IRR
- -38.4%
- Equity multiple
- -0.76×
- Total profit
- $-121,587
- Equity at exit
- $21,356
Cash invested: $69,160 (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
Active competition Active MLS
- For sale now
- 4 active · 6 under contract
- Median asking
- $419,000 ($383/sqft)
- Median days on market
- 105 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -37.4% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 30305
- Rents YoY
- 4.8%
- Active inventory
- 599
- Price-to-rent
- 9.2×
Monthly cashflow live
- Estimated rent
- $2,233 high interval (Pro) →
- Mortgage (P&I)
- −$1,295
- Tax est. 1.5%
- −$309 /mo · $3,705/yr
- Insurance
- −$103
- HOA
- −$857
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$469
- Net cashflow
- $-800
Break-even live
Sensitivity live
| Price | -10% $-629 | -5% $-715 | +0% $-800 | +5% $-885 | +10% $-971 |
|---|---|---|---|---|---|
| Rent | -10% $-976 | -5% $-888 | +0% $-800 | +5% $-712 | +10% $-624 |
| Rate | -1.0pp $-676 | -0.5pp $-737 | base $-800 | +0.5pp $-864 | +1.0pp $-929 |
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
- $61,750
- Closing costs
- $7,410
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- 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 |
|---|---|---|---|---|---|---|---|---|
| 2870 S Pharr Court NW #2507 Atlanta, GA | 1.0 | 1.0 | 807 | $2,100 | $2.60 | 24d | 1 | 0.03mi |
| 2870 S Pharr Court NW Unit 2001 Atlanta, GA | 2.0 | 2.0 | 1260 | $2,100 | $1.67 | 103d | 1 | 0.03mi |
| 2870 S Pharr Court NW Unit 2602 Atlanta, GA | 1.0 | 1.0 | 807 | $2,000 | $2.48 | 70d | 1 | 0.03mi |
| 2870 S Pharr Court NW Unit 1009 Atlanta, GA | 1.0 | 1.0 | 807 | $1,895 | $2.35 | 113d | 1 | 0.03mi |
| 2870 S Pharr Ct NW #906 Atlanta, GA | 2.0 | 2.0 | 1260 | $2,400 | $1.90 | 60d | 1 | 0.03mi |
| 2870 S Pharr Court NW Unit 907 Atlanta, GA | 1.0 | 1.0 | 807 | $1,950 | $2.42 | 76d | 1 | 0.03mi |
| 2870 S Pharr Ct NW #906 Atlanta, GA | 2.0 | 2.0 | 1260 | $2,400 | $1.90 | 59d | 1 | 0.03mi |
| 2870 S Pharr Court NW Unit 1802 Atlanta, GA | 1.0 | 1.0 | 807 | $1,850 | $2.29 | 31d | 1 | 0.03mi |
| 2870 Pharr Rd NE Atlanta, GA | 1.0 | 1.0 | 807 | $1,700 | $2.11 | 98d | 1 | 0.05mi |
| 2840 Peachtree Rd NW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 1285 | $3,650 | $2.84 | 83d | 2 | 0.10mi |
| 2965 Pharr Court South NW #704 Atlanta, GA | 2.0 | 2.0 | 1067 | $2,600 | $2.44 | 120d | 1 | 0.14mi |
| 2855 Peachtree Rd NE #201 Atlanta, GA | 2.0 | 2.0 | 1179 | $1,995 | $1.69 | 117d | 1 | 0.16mi |
| 2855 Peachtree Rd NE #101 Atlanta, GA | 2.0 | 2.5 | 1277 | $1,800 | $1.41 | 48d | 1 | 0.16mi |
| 2965 S Pharr Ct NW #316 Atlanta, GA | 2.0 | 2.0 | 1012 | $1,750 | $1.73 | 98d | 1 | 0.16mi |
| 91 Rumson Rd NE Unit C34 Atlanta, GA | 2.0 | 1.5 | 980 | $2,000 | $2.04 | 0d | 1 | 0.22mi |
| — Atlanta, GA | 2.0 | 1.0 | 864 | $1,449 | $1.68 | 5d | 1 | 0.26mi |
| — Atlanta, GA | 2.0 | 1.0 | 864 | $1,474 | $1.71 | 50d | 1 | 0.26mi |
| — Atlanta, GA | 2.0 | 1.0 | 864 | $1,449 | $1.68 | 0d | 1 | 0.26mi |
| 52 Delmont Dr NE Unit 2 Atlanta, GA | 1.0 | 1.0 | 1000 | $1,595 | $1.59 | 100d | 1 | 0.26mi |
| 60 Delmont Dr NE Unit F2 Atlanta, GA | 2.0 | 1.0 | 1000 | $1,995 | $2.00 | 7d | 1 | 0.27mi |
| 60 Delmont Dr NE Unit F2 Atlanta, GA | 2.0 | 1.0 | 1000 | $1,995 | $2.00 | 38d | 1 | 0.27mi |
| 55 Delmont Dr NE Atlanta, GA | 2.0 | 1.0 | 1063 | $2,062 | $1.94 | 0d | 2 | 0.27mi |
| 55 Delmont Dr NE Atlanta, GA | 2.0 | 1.0 | 1063 | $2,136 | $2.01 | 35d | 2 | 0.27mi |
| 2955 Peachtree Rd Atlanta, GA | 1.0 | 2.0 | 1003 | $3,340 | $3.33 | 70d | 1 | 0.28mi |
| 2965 Peachtree Rd NE Atlanta, GA | 1.0–3.0 | 1.5–3.0 | 1499 | $5,228 | $3.49 | 0d | 15 | 0.30mi |
| 3057 N Pharr Court NW Apt E2 Atlanta, GA | 2.0 | 2.0 | 1000 | $1,700 | $1.70 | 11d | 1 | 0.34mi |
| 3005 Peachtree Rd NE Atlanta, GA | 3.0 | 1.0–2.0 | 971 | $2,937 | $3.02 | 0d | 24 | 0.35mi |
| 81 E Wesley Rd NE Unit 02 Atlanta, GA | 2.0 | 1.0 | 900 | $1,399 | $1.55 | 103d | 1 | 0.39mi |
| 235 Pharr Rd NE Atlanta, GA | 2.0 | 1.0–2.0 | 929 | $2,745 | $2.95 | 0d | 35 | 0.40mi |
| 92 W Paces Ferry Rd NW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1126 | $2,692 | $2.39 | 3d | 11 | 0.41mi |
| 3040 Peachtree Rd NW #813 Atlanta, GA | 1.0 | 1.0 | 761 | $2,300 | $3.02 | 120d | 1 | 0.43mi |
| 3040 Peachtree Rd NW #813 Atlanta, GA | 1.0 | 1.0 | 761 | $2,400 | $3.15 | 51d | 1 | 0.43mi |
| 3040 Peachtree Rd NW #1509 Atlanta, GA | 1.0 | 1.0 | 800 | $1,895 | $2.37 | 120d | 1 | 0.43mi |
| 3040 Peachtree Rd NW #813 Atlanta, GA | 1.0 | 1.0 | 761 | $2,300 | $3.02 | 98d | 1 | 0.43mi |
| 3040 Peachtree Rd NW #813 Atlanta, GA | 1.0 | 1.0 | 761 | $2,300 | $3.02 | 69d | 1 | 0.43mi |
| 3040 Peachtree Rd NW #1911 Atlanta, GA | 2.0 | 2.0 | 1233 | $3,600 | $2.92 | 97d | 1 | 0.43mi |
| 48 Peachtree Ave NE #124 Atlanta, GA | 2.0 | 1.0 | 753 | $1,700 | $2.26 | 45d | 1 | 0.46mi |
| 48 Peachtree Ave NE #221 Atlanta, GA | 2.0 | 1.0 | 753 | $1,700 | $2.26 | 83d | 1 | 0.47mi |
| 250 Pharr Rd NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 919 | $3,200 | $3.48 | 0d | 3 | 0.48mi |
| 250 Pharr Rd NE Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 917 | $3,200 | $3.49 | 76d | 2 | 0.48mi |
Property features AI
Finance
- HOA & community
- Monthly association feeAssociation covers structure maintenance, receptionist, reserve fund, security, sewer, swimming pool, tennis, and trashCommunity amenities include clubhouse, fitness center, pool, and homeowner association
Exterior
- Parking
- Assigned parking for two vehicles
- Security
- Community provides security
- Utilities
- Public waterPublic sewer110V and 220V electric serviceCable and phone availableElectricity and water available
- Home design
- One-level condominiumCondominium ownershipComposition roofEntry level on main story
- Construction
- Cement siding constructionSlab foundation
- Exterior features
- Private entrancePaved city street access
Interior
- Kitchen
- Solid surface countersStained cabinetsPantryOpen view to family roomElectric rangeDishwasherTrash compactor
- Bedrooms
- Two main-level bedroomsRoommate floor plan
- Flooring
- Hardwood floors
- Bathrooms
- Two full bathroomsMaster bath with shower-only
- Heating & cooling
- Central heating (forced air)Central air conditioningCeiling fansElectric cooling components
- Interior features
- 9-ft ceilings on main levelVaulted ceilingsRecessed lightingHigh-speed internet availableWalk-in closetsWood window framesNo shared/common walls
- Laundry & utility
- Washer and dryer includedLaundry located on main level and/or in bathroom
HOA detail $857/mo · $10,284/yr condo
- Likely covers
- poolgymdoormansecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-08-29days on market $247,000 Active 61 DOM
-
2026-08-28days on market $247,000 Active 60 DOM
-
2026-08-27days on market $247,000 Active 59 DOM
-
2026-08-25days on market $247,000 Active 57 DOM
-
2026-08-24days on market $247,000 Active 56 DOM
-
2026-08-23days on market $247,000 Active 55 DOM
-
2026-08-22days on market $247,000 Active 54 DOM
-
2026-08-21days on market $247,000 Active 53 DOM
-
2026-08-20days on market $247,000 Active 52 DOM
-
2026-08-19days on market $247,000 Active 51 DOM
-
2026-08-18days on market $247,000 Active 50 DOM
-
2026-08-17days on market $247,000 Active 49 DOM
-
2026-08-16days on market $247,000 Active 48 DOM
-
2026-08-15days on market $247,000 Active 47 DOM
-
2026-08-14days on market $247,000 Active 46 DOM
-
2026-08-13days on market $247,000 Active 45 DOM
-
2026-08-12days on market $247,000 Active 44 DOM
-
2026-08-11days on market $247,000 Active 43 DOM
-
2026-08-10days on market $247,000 Active 42 DOM
-
2026-08-09days on market $247,000 Active 41 DOM
-
2026-08-08days on market $247,000 Active 40 DOM
-
2026-08-06days on market $247,000 Active 38 DOM
-
2026-08-05days on market $247,000 Active 37 DOM
-
2026-08-04days on market $247,000 Active 36 DOM
-
2026-08-03days on market $247,000 Active 35 DOM
-
2026-07-31days on market $247,000 Active 32 DOM
-
2026-07-30days on market $247,000 Active 30 DOM
-
2026-07-28days on market $247,000 Active 29 DOM
-
2026-07-26days on market $247,000 Active 27 DOM
-
2026-07-24days on market $247,000 Active 25 DOM
-
2026-07-23days on market $247,000 Active 24 DOM
-
2026-07-22days on market $247,000 Active 23 DOM
-
2026-07-21days on market $247,000 Active 22 DOM
-
2026-07-20days on market $247,000 Active 21 DOM
-
2026-07-18days on market $247,000 Active 19 DOM
-
2026-07-18days on market $247,000 Active 18 DOM
-
2026-07-16days on market $247,000 Active 17 DOM
-
2026-07-15days on market $247,000 Active 16 DOM
-
2026-07-14days on market $247,000 Active 15 DOM
-
2026-07-13days on market $247,000 Active 14 DOM
-
2026-07-13days on market $247,000 Active 13 DOM
-
2026-07-11days on market $247,000 Active 12 DOM
-
2026-07-10days on market $247,000 Active 11 DOM
-
2026-07-09days on market $247,000 Active 10 DOM
-
2026-07-07days on market $247,000 Active 8 DOM
-
2026-07-06days on market $247,000 Active 7 DOM
-
2026-07-06days on market $247,000 Active 6 DOM
-
2026-07-05days on market $247,000 Active 5 DOM
-
2026-07-03days on market $247,000 Active 4 DOM
-
2026-07-02days on market $247,000 Active 3 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
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 ≥104°F today · 16 d/yr by 30 yrs out
- Wind 5/10 Major 25% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 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
- $26,793
- − Mortgage interest
- −$13,836
- − Property taxes
- −$3,705
- − Insurance
- −$1,235
- − Repairs & maintenance
- −$2,143
- − Management
- −$2,143
- − HOA
- −$10,284
- − Depreciation
- −$7,185
- Taxable loss
- −$13,739
- Est. tax savings @ 24.0%
- +$3,297
- After-tax cash flow
- $-6,304/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.
Condition & rehab AI · 12 photos
This well-maintained and modern 2-bedroom condo is move-in ready with a good condition score and minimal repairs needed.
Value-add opportunities
- Both Paint exterior — Enhances curb appeal and resale value ↑
- Resale Replace carpet with hardwood — Hardwood floors are more desirable and increase value ↑
- Both Install smart home devices — Improves convenience and adds modern appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
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 · 1,203,707 people
- City population
- 629,525
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 28,110
- Household income
- $106,907
- Rent vs Own
- Severe rent burden
- 9% of renters
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 White (72%)
- Race & ethnicity
- White 72% Black 12% Asian 7% Two or more races 6% Hispanic / Latino 6%
- Hispanic origin (detail)
- Mexican 2%
- Common ancestry
- Italian 5% Lithuanian 4% Romanian 3%
- Foreign-born
- 14% · Canada, China, South Korea
- Languages at home
- 87% English-only · Spanish 3% Chinese 2% German/W. Germanic 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
- ▼ -770.70%
- Current HPI
- 195.1185
- Rent YoY
- ▲ 4.75%
- 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
-16.3% since first listed14 events — show timeline
- 2026-06-29 Listing Removed — GAMLS
- 2026-06-29 Listing Removed — Greater Lansing AoR
- 2026-06-29 Listed $247,000 FMLS
- 2026-06-29 Listed $247,000 GAMLS
- 2026-05-26 Price Changed $262,000 GAMLS
- 2026-04-25 Listed $268,000 GAMLS
- 2026-04-23 Coming Soon — GAMLS
- 2026-04-23 Listed $262,000 Greater Lansing AoR
- 2026-01-30 Listing Removed — FMLS
- 2026-01-30 Listing Removed — GAMLS
- 2025-11-13 Price Changed $284,500 GAMLS
- 2025-11-13 Price Changed $284,500 FMLS
- 2025-10-08 Listed $295,000 FMLS
- 2025-10-08 Listed $295,000 GAMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…