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403 Holly St NW 🏷️ Likely Rental
B- Composite 68.59
Why this score? — see what drove the B- 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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +8.4/10.0
  • ARV discount +7.5/15.0
  • Livability +4.2/5.0
  • Rent growth +3.3/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$120,000

403 Holly St NW · Atlanta, GA 30318
2 bd · 1.0 ba · 1,036 sqft · SingleFamily public records · 98 Days on market
Built 1941 9,496 sqft lot $116/sqft · 55% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

|| INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

Key facts

  • Screened front porch
  • Walkable to beltline
  • 9,496 sq ft lot

Tags

SCREENED FRONT PORCHWALKABLE TO BELTLINE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $120,000 price doesn't fit this home's estimated sale value (~$264,432) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

  • At list price, monthly cash flow is $469 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $120k).
  • Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
  • Cap rate 11.0% 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 (+3.3%/yr); 722 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $830 of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 3.3% rent growth), your $34k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 98 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 11y 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 $12k; list at $120k implies a 860% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

  1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.34%
Cap rate
10.99%
Cash-on-cash
16.76%
DSCR
1.75
GRM
6.2

CMA / ARV

ARV (median comp)
$264,432
List price
$120,000
Delta
-54.62%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1650 North Ave NW 0.28mi 2/1.0 1,076 (+4%) 1mo $125,000 $116 80
501 Holly St NW 0.19mi 2/1.0 1,100 (+6%) 12mo $133,000 $121 71
395 W Lake Ave NW 0.19mi 2/2.0 1,000 (-4%) 12mo $298,900 $299 71
142 Holly Dr NW 0.48mi 2/1.0 1,008 (-3%) 4mo $115,000 $114 70
227 Chappell Rd NW 0.41mi 3/1.0 (+1) 1,097 (+6%) 1mo $185,000 $169 65
1314 North Ave 0.39mi 3/2.0 (+1) 1,041 (+0%) 14mo $109,000 $105 60
1829 Detroit Ave 0.56mi 3/1.0 (+1) 1,107 (+7%) 6mo $120,700 $109 53
67 Holly Rd NW 0.64mi 2/2.0 1,076 (+4%) 12mo $245,900 $229 50
1678 Ezra Church Dr NW 0.43mi 2/2.0 1,178 (+14%) 21mo $213,000 $181 36
1846 North Ave 0.60mi 3/1.0 (+1) 896 (-14%) 11mo $104,900 $117 35
1847 Markone St NW 0.63mi 2/1.0 1,148 (+11%) 24mo $260,000 $226 33

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 · 3.26% rent growth · sell at horizon

5-year hold
IRR
8.2%
Equity multiple
1.32×
Total profit
$10,868
Equity at exit
$17,892
10-year hold
IRR
17.7%
Equity multiple
2.48×
Total profit
$49,710
Equity at exit
$10,375

Cash invested: $33,600 (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 30318

Rents YoY
3.3%
Active inventory
722
Price-to-rent
6.2×

Monthly cashflow live

Estimated rent
$1,607 high interval (Pro) →
Mortgage (P&I)
$629
Tax from tax record
$121 /mo · $1,455/yr
Insurance
$50
HOA
$0
Vacancy / Maint / Mgmt
$338
Net cashflow
$469

Break-even live

Break-even rent $1,013
Max offer price $120,000
Occupancy floor 66%

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
$30,000
Closing costs
$3,600
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
399 Holly St NW Unit 6 Atlanta, GA 2.0 1.0 775 $1,500 $1.94 18d 1 0.01mi
427 Holly St NW Atlanta, GA 2.0 2.0 900 $2,100 $2.33 24d 1 0.05mi
371 Lanier St NW #1 Atlanta, GA 2.0 1.0 700 $1,250 $1.79 7d 1 0.15mi
1595 Carlisle St NW Unit 1 Atlanta, GA 2.0 1.0 900 $1,200 $1.33 24d 1 0.18mi
280 Holly Rd NW Unit B Atlanta, GA 2.0 2.0 1100 $1,650 $1.50 24d 1 0.21mi
1448 Rome Dr NW Unit 1448 Atlanta, GA 3.0 2.5 1400 $2,300 $1.64 12d 1 0.24mi
390 W Lake Ave NW Unit B9 Atlanta, GA 2.0 1.5 1256 $1,275 $1.02 24d 1 0.32mi
390 W Lake Ave NW Apt A1 Atlanta, GA 3.0 1.5 1256 $1,299 $1.03 24d 1 0.32mi
390 W Lake Ave NW Unit A10 Atlanta, GA 3.0 1.5 1256 $1,275 $1.02 24d 1 0.32mi
557 Chappell Rd NW Atlanta, GA 3.0 2.0 1264 $1,850 $1.46 5d 1 0.36mi
1441 Andrews St NW Unit 2 Atlanta, GA 1.0 1.0 950 $795 $0.84 7d 1 0.39mi
557 W Lake Ave NW Atlanta, GA 1.0–3.0 1.0–2.0 1190 $1,344 $1.13 4d 9 0.41mi
636 Francis Pl NW Unit A Atlanta, GA 2.0 2.0 1380 $1,800 $1.30 24d 1 0.43mi
240 Whitaker Cir NW Atlanta, GA 1.0 1.0 1414 $685 $0.48 17d 1 0.54mi
240 Whitaker Cir NW Atlanta, GA 1.0 1.0 1414 $665 $0.47 5d 1 0.54mi
195 W Lake Ave NW Unit 1 Atlanta, GA 3.0 2.0 1245 $2,654 $2.13 24d 1 0.56mi
1770 Springview Rd NW Atlanta, GA 3.0 2.0 1262 $2,000 $1.58 24d 1 0.60mi
1332 Akridge St NW Atlanta, GA 3.0 2.0 1400 $1,775 $1.27 24d 1 0.63mi
120 Burbank Dr NW Atlanta, GA 3.0 2.0 1331 $1,795 $1.35 24d 1 0.68mi
1346 Eason St NW Atlanta, GA 1.0 1.0 1321 $694 $0.53 24d 1 0.68mi
39 Holly Rd NW Atlanta, GA 1.0 1.0 1120 $970 $0.87 7d 1 0.69mi
39 Holly Rd NW Atlanta, GA 1.0 1.0 1120 $775 $0.69 24d 1 0.69mi
725 Matilda Pl NW Atlanta, GA 2.0 1.0 1225 $1,450 $1.18 24d 1 0.69mi
1824 Tiger Flowers Dr NW Atlanta, GA 1.0 1.0 1400 $925 $0.66 24d 1 0.72mi
687 S Evelyn Pl NW Atlanta, GA 3.0 2.5 1200 $1,978 $1.65 20d 1 0.73mi
1894 North Ave NW Atlanta, GA 2.0 1.5 1098 $1,995 $1.82 24d 1 0.73mi
340 Dixie Hills Cir NW Unit C1 Atlanta, GA 2.0 1.0 775 $1,099 $1.42 24d 1 0.73mi
1916 Joseph E. Boone Blvd NW Unit A Atlanta, GA 3.0 1.0 1100 $1,550 $1.41 20d 1 0.76mi
1916 Joseph E. Boone Blvd NW Unit B Atlanta, GA 2.0 1.0 1000 $1,195 $1.20 24d 1 0.76mi
245 Stafford St NW Unit A Atlanta, GA 2.0 1.0 784 $1,300 $1.66 24d 1 0.76mi
15 Chappell Rd NW Unit A Atlanta, GA 1.0 1.0 700 $940 $1.34 5d 1 0.76mi
1948 Detroit Ave NW Unit A Atlanta, GA 3.0 2.5 1205 $1,900 $1.58 24d 1 0.79mi
511 Emily Pl NW Atlanta, GA 3.0 1.0 1101 $1,745 $1.58 24d 1 0.84mi
1338 Sharon St NW Atlanta, GA 2.0 1.0 800 $1,600 $2.00 19d 1 0.86mi
1336 Sharon St NW Atlanta, GA 2.0 1.0 800 $1,450 $1.81 24d 1 0.87mi
10 Rockmart Dr NW Atlanta, GA 1.0 1.0 784 $1,450 $1.85 14d 1 0.87mi
0 W Lake Ave NW Atlanta, GA 3.0 2.5 1300 $1,900 $1.46 1d 1 0.92mi
5 Burbank Dr SW Unit B Atlanta, GA 2.0 1.0 1000 $1,300 $1.30 16d 1 0.93mi
15 Burbank Dr SW Unit 3 Atlanta, GA 2.0 1.0 900 $1,350 $1.50 10d 1 0.94mi
518 Pelton Pl NW Atlanta, GA 1.0 1.0 1036 $750 $0.72 24d 1 0.94mi

Listing history 47 events

  1. 2026-06-18
    days on market $120,000 Active 98 DOM
  2. 2026-06-17
    days on market $120,000 Active 97 DOM
  3. 2026-06-16
    days on market $120,000 Active 96 DOM
  4. 2026-06-15
    days on market $120,000 Active 95 DOM
  5. 2026-06-13
    days on market $120,000 Active 93 DOM
  6. 2026-06-13
    days on market $120,000 Active 92 DOM
  7. 2026-06-09
    days on market $120,000 Active 89 DOM
  8. 2026-06-08
    days on market $120,000 Active 88 DOM
  9. 2026-06-07
    days on market $120,000 Active 87 DOM
  10. 2026-06-04
    days on market $120,000 Active 84 DOM
  11. 2026-06-03
    days on market $120,000 Active 83 DOM
  12. 2026-06-02
    days on market $120,000 Active 82 DOM
  13. 2026-06-01
    days on market $120,000 Active 81 DOM
  14. 2026-05-31
    days on market $120,000 Active 80 DOM
  15. 2026-04-24
    status Active 1271-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  16. 2026-04-21
    status Pending 1271-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  17. 2026-04-12
    status Back On Market 1217-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  18. 2026-04-12
    status Active 1271-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  19. 2026-04-07
    status Under Contract 1217-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  20. 2026-04-07
    historical Active Under Contract 1271-char remark
    Show marketing remark (1271 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income—opportunities like this don’t last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month—making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA—giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it’s affordable, income-producing, and in a high-demand corridor. For future homeowners, it’s a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL—sold AS-IS—don’t stay available for long.

  21. 2026-03-09
    listed $120,000 Active 1271-char remark
    Show marketing remark (1217 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income-opportunities like this don't last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month-making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA-giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it's affordable, income-producing, and in a high-demand corridor. For future homeowners, it's a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL-sold AS-IS-don't stay available for long.

  22. 2026-03-09
    listed $120,000 New 1217-char remark
    Show marketing remark (1217 chars)

    || INVESTOR OPPORTUNITY || MONTH-TO-MONTH TENANT || SCREENED FRONT PORCH || IN-TOWN ATLANTA || CRAFTSMAN BUNGALOW || 2 BEDROOMS || WALKABLE TO BELTLINE || Affordable in-town ownership with built-in income-opportunities like this don't last in Atlanta. This CRAFTSMAN BUNGALOW offers 2 bedrooms and 1 bathroom, sold AS-IS with no known safety issues, and comes with a MONTH-TO-MONTH TENANT generating $1,500/month-making it a turnkey investment from day one. The home features a welcoming SCREENED FRONT PORCH, a separate dining room, and a large living room, perfect for enjoying cozy in-town living. Location is unbeatable: just minutes to the ATLANTA BELTLINE, Westside Reservoir Park, Proctor Creek Greenway, Midtown, Downtown, GA Tech, and MARTA-giving easy access to city life, recreation, and commuting. Picture mornings on the front porch, evenings exploring nearby trails, and weekends enjoying everything Atlanta has to offer. For investors, it's affordable, income-producing, and in a high-demand corridor. For future homeowners, it's a chance to live in-town with character and charm. Properties with THIS COMBINATION OF LOCATION, CHARM, AND INCOME POTENTIAL-sold AS-IS-don't stay available for long.

  23. 2015-10-27
    price $12,500
  24. 2015-10-12
    price $12,500
  25. 2015-10-09
    soldstatus $12,500 Sold
  26. 2015-10-09
    price $14,900
  27. 2015-10-09
    soldstatus $12,500 Sold
  28. 2015-10-01
    status Under Contract
  29. 2015-10-01
    historical Contingent with Kickout
  30. 2015-10-01
    historical Contingent - Due Diligence
  31. 2015-10-01
    price $14,900
  32. 2015-09-28
    price $14,900
  33. 2015-09-28
    price $14,900
  34. 2015-09-18
    price $19,900
  35. 2015-09-18
    price $19,900
  36. 2015-08-11
    price $24,900
  37. 2015-08-10
    price $24,900
  38. 2015-07-27
    price $29,900
  39. 2015-07-27
    price $29,900
  40. 2015-07-14
    price $34,900
  41. 2015-07-14
    price $34,900
  42. 2015-07-06
    price $39,900
  43. 2015-06-30
    price $44,900
  44. 2015-06-30
    price $44,900
  45. 2015-06-22
    listed $49,900 New
  46. 2015-06-22
    listed $49,900 Active
  47. 1989-05-15
    soldstatus $30,000

ⓘ 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
$1,455 · $121/mo
Projected year-2 tax
$1,455 · $121/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 · 17 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,287
− Mortgage interest
−$6,722
− Property taxes
−$1,455
− Insurance
−$600
− Repairs & maintenance
−$1,543
− Management
−$1,543
− Depreciation
−$3,491
Taxable income
$3,934
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$944
After-tax cash flow
$4,686/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)
59,609
Household income
$83,116
Rent vs Own
58.6% rent · 41.4% own
Severe rent burden
4182.0

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
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
Black 49% White 35% Hispanic / Latino 7% Two or more races 6% Asian 5%
Hispanic origin (detail)
Mexican 2% Puerto Rican 1%
Common ancestry
Lithuanian 2% Slovak 2% Romanian 1%
Foreign-born
8% · Canada, China, South Korea
Languages at home
88% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 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
▼ -470.82%
Current HPI
224.1493
Rent YoY
▲ 3.26%
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

+300.0% since first listed
33 events — show timeline
  • 2026-04-24 Relisted FMLS
  • 2026-04-21 Pending FMLS
  • 2026-04-12 Relisted GAMLS
  • 2026-04-12 Relisted FMLS
  • 2026-04-07 Pending GAMLS
  • 2026-04-07 Contingent FMLS
  • 2026-03-09 Listed $120,000 GAMLS
  • 2026-03-09 Listed $120,000 FMLS
  • 2015-10-27 Price Changed $12,500 GAMLS
  • 2015-10-12 Price Changed $12,500 FMLS
  • 2015-10-09 Sold (MLS) $12,500 GAMLS
  • 2015-10-09 Sold (MLS) $12,500 FMLS
  • 2015-10-09 Price Changed $14,900 FMLS
  • 2015-10-01 Pending GAMLS
  • 2015-10-01 Contingent GAMLS
  • 2015-10-01 Contingent FMLS
  • 2015-10-01 Price Changed $14,900 GAMLS
  • 2015-09-28 Price Changed $14,900 GAMLS
  • 2015-09-28 Price Changed $14,900 FMLS
  • 2015-09-18 Price Changed $19,900 GAMLS
  • 2015-09-18 Price Changed $19,900 FMLS
  • 2015-08-11 Price Changed $24,900 GAMLS
  • 2015-08-10 Price Changed $24,900 FMLS
  • 2015-07-27 Price Changed $29,900 GAMLS
  • 2015-07-27 Price Changed $29,900 FMLS
  • 2015-07-14 Price Changed $34,900 GAMLS
  • 2015-07-14 Price Changed $34,900 FMLS
  • 2015-07-06 Price Changed $39,900 FMLS
  • 2015-06-30 Price Changed $44,900 GAMLS
  • 2015-06-30 Price Changed $44,900 FMLS
  • 2015-06-22 Listed $49,900 GAMLS
  • 2015-06-22 Listed $49,900 FMLS
  • 1989-05-15 Sold (Public Records) $30,000 Public Records

Property tax history

+3.0%/yr

Latest (2025): $1,455 · -0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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