3143 Cedar St · Scottdale, GA 30079

$265,000

2 bd · 1.0 ba · 2,081 sqft · SingleFamily public records · 135 Days on market

Built 1909 8,712 sqft lot $127/sqft · 46% below area Est $492k · 46% under

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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 +15.4/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +4.7/10.0
• 1% rule +4.1/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks MLS

Charming 1909 Home with Modern Updates Walking Distance to Renovated Park - Step into timeless character with this beautifully maintained 1909 home, perfectly situated within walking distance to a recently renovated park. Offering 2 to 3 spacious bedrooms and 1.5 bathrooms, this home blends classic charm with modern convenience. Enjoy cooking in the eat-in kitchen featuring newer stainless steel appliances, or have a romantic dinner in the formal dining room. Large bonus room with a cozy fireplace and an additional sitting area provides versatile space for relaxing or entertaining. Two screened porches, perfect for morning coffee or evening gatherings overlooking fenced yard, ideal for kids, pets or outdoor fun. Don't miss your chance to own a piece of history with all the comforts of today!.

Key facts

• 8,712 sq ft lot
• 2 parking spots
• Built 1909

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $265k.

Deal economics

• At list price, monthly cash flow is $100 ($1k/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 $241k (9.1% below list).
• Recommended offer: $233k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% vs local median 3.3% in Scottdale — 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 79/100 on livability (#18 in GA, #2,327 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, crime A-; Watch: amenities F, health & safety F.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 70 active listings in the ZIP; 24 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; 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).

Forward outlook

• In year one you build about $28k of equity ($2k loan paydown + $26k appreciation (10.0% local appreciation)).
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $74k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $34k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $39k; list at $265k implies a 579% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1909 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 25% 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 $233,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1909 — 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: 0.91% ✗
• Cap rate: 6.74%
• Cash-on-cash: 1.61%
• DSCR: 1.07
• GRM: 9.2

CMA / ARV

• ARV (median comp): $491,673
• List price: $265,000
• Delta: -46.10%
• 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
213 Ohm Ave	0.32mi	3/2.5 (+1)	2,162 (+4%)	3mo	$671,000	$310	65
310 Somerlane Pl	0.46mi	3/2.5 (+1)	2,145 (+3%)	9mo	$475,000	$221	55
3154 Granby Ave	0.34mi	3/2.5 (+1)	1,920 (-8%)	8mo	$400,000	$208	53
539 Glendale Rd	0.71mi	3/3.0 (+1)	2,200 (+6%)	6mo	$395,000	$180	40
3430 Kensington Parc Cir	0.66mi	3/2.5 (+1)	1,893 (-9%)	4mo	$426,800	$225	40
238 Ivy Glen Cir	0.55mi	3/2.5 (+1)	2,244 (+8%)	13mo	$575,000	$256	39
3434 Vicar Ln	0.67mi	3/2.5 (+1)	2,309 (+11%)	5mo	$499,000	$216	35
3115 Old Rockbridge Rd	0.38mi	3/2.5 (+1)	2,344 (+13%)	21mo	$660,000	$282	33
242 Ivy Glen Cir	0.55mi	3/2.5 (+1)	2,382 (+14%)	17mo	$540,000	$227	26
413 Glendale Rd	0.47mi	3/2.5 (+1)	1,778 (-15%)	20mo	$350,000	$197	26
454 Kensington Parc Way	0.70mi	3/2.5 (+1)	2,364 (+14%)	19mo	$520,000	$220	18

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.4%
• Equity multiple: 3.03×
• Total profit: $150,700
• Equity at exit: $238,733

10-year hold

• IRR: 22.4%
• Equity multiple: 6.91×
• Total profit: $438,827
• Equity at exit: $514,837

Cash invested: $74,200 (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 30079

• Home prices YoY: 7.0%
• Active inventory: 70
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $2,409 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$303 /mo · $3,634/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $100

Break-even live

Break-even rent $2,282

Max offer price $265,000

Occupancy floor 91%

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: $66,250
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
374 Ivy Glen Cir Avondale Estates, GA	3.0	2.5	2180	$2,900	$1.33	43d	1	0.41mi
688 Stratford Grn Avondale Estates, GA	2.0	2.5	1940	$1,750	$0.90	21d	1	0.57mi
437 Creekview Ct Scottdale, GA	2.0	2.5	1400	$1,195	$0.85	24d	1	0.68mi
524 Warren Ave Scottdale, GA	3.0	2.5	2448	$1,390	$0.57	11d	1	0.71mi
523 Warren Ave Scottdale, GA	3.0	2.5	2449	$1,200	$0.49	24d	1	0.71mi
3371 Macaiva Aly Decatur, GA	3.0	3.5	2272	$2,975	$1.31	5d	1	0.85mi
3381 Macaiva Aly Decatur, GA	3.0	3.5	2756	$3,200	$1.16	12d	1	0.87mi
260 Northern Ave Avondale Estates, GA	1.0–3.0	1.0–2.0	1155	$1,148	$0.99	43d	4	0.88mi
3548 Lantern View Ln Scottdale, GA	3.0	2.5	1500	$2,000	$1.33	43d	1	0.94mi
3391 Catalan Aly Decatur, GA	3.0	3.5	2316	$2,999	$1.29	24d	1	0.97mi
3419 Catalan Aly Decatur, GA	3.0	3.5	2316	$3,100	$1.34	43d	1	0.97mi
2847 Jordan Oaks Ln Decatur, GA	3.0	2.5	2064	$2,500	$1.21	18d	1	0.98mi
3681 Pavilion Point Decatur, GA	2.0–4.0	1.0–2.0	1355	$1,600	$1.18	43d	1	1.05mi
788 Angora Aly Scottdale, GA	3.0	3.5	1622	$2,850	$1.76	1d	1	1.06mi
3543 Cloudland Dr Stone Mountain, GA	3.0	2.0	2382	$2,797	$1.17	24d	1	1.08mi
3543 Cloudland Dr Stone Mountain, GA	3.0	2.0	2382	$2,847	$1.20	43d	1	1.08mi
100 Paces Park Dr Decatur, GA	1.0–3.0	1.0–2.0	1084	$1,766	$1.63	1d	20	1.08mi
2740 E College Ave Decatur, GA	2.0	1.0–2.0	1042	$2,649	$2.54	1d	24	1.18mi
3590 Cloudland Dr Stone Mountain, GA	3.0	2.0	2205	$3,000	$1.36	43d	1	1.19mi
846 Regal Path Ln Decatur, GA	2.0	1.5	1470	$1,950	$1.33	24d	1	1.23mi
2887 Royal Path Ct Decatur, GA	3.0	2.5	1756	$2,000	$1.14	16d	1	1.28mi
2801 Arborcrest Dr Decatur, GA	3.0	2.5	1642	$2,800	$1.71	5d	1	1.28mi
2600 Milscott Dr Decatur, GA	3.0	1.0–2.0	1087	$2,802	$2.58	1d	30	1.33mi
1605 Church St Decatur, GA	3.0	1.0–2.0	1077	$1,878	$1.74	1d	25	1.39mi

Listing history 26 events

1. 2026-06-18
   days on market $265,000 Active 135 DOM
2. 2026-06-17
   days on market $265,000 Active 134 DOM
3. 2026-06-16
   days on market $265,000 Active 133 DOM
4. 2026-06-15
   days on market $265,000 Active 132 DOM
5. 2026-06-13
   days on market $265,000 Active 130 DOM
6. 2026-06-09
   days on market $265,000 Active 126 DOM
7. 2026-06-08
   days on market $265,000 Active 125 DOM
8. 2026-06-07
   remarks 699-char remark
9. 2026-06-07
   pricedays on market $265,000 Active 124 DOM
10. 2026-06-04
    days on market $280,000 Active 121 DOM
11. 2026-06-03
    days on market $280,000 Active 120 DOM
12. 2026-06-02
    days on market $280,000 Active 119 DOM
13. 2026-06-01
    days on market $280,000 Active 118 DOM
14. 2026-05-31
    days on market $280,000 Active 117 DOM
15. 2026-05-01
    price $280,000 803-char remark

    Show marketing remark (803 chars)

    Charming 1909 Home with Modern Updates Walking Distance to Renovated Park - Step into timeless character with this beautifully maintained 1909 home, perfectly situated within walking distance to a recently renovated park. Offering 2 to 3 spacious bedrooms and 1.5 bathrooms, this home blends classic charm with modern convenience. Enjoy cooking in the eat-in kitchen featuring newer stainless steel appliances, or have a romantic dinner in the formal dining room. Large bonus room with a cozy fireplace and an additional sitting area provides versatile space for relaxing or entertaining. Two screened porches, perfect for morning coffee or evening gatherings overlooking fenced yard, ideal for kids, pets or outdoor fun. Don't miss your chance to own a piece of history with all the comforts of today!.

16. 2026-04-30
    price $280,000 765-char remark

    Show marketing remark (765 chars)

    Charming 3-bedroom, 1.5-bath home located at 3143 Cedar Street in the growing Scottdale area. This property offers a great opportunity for homeowners or investors alike, surrounded by a wave of new construction and neighborhood revitalization. Enjoy the convenience of being within walking distance to a newly renovated park—perfect for outdoor activities, relaxation, or spending time with family and friends. The home features a functional layout with comfortable living spaces and plenty of potential to make it your own. With continued development happening nearby, this location is ideal for those looking to get into an up-and-coming community while values are on the rise. Don’t miss your chance to be part of Scottdale’s exciting growth.

17. 2026-02-03
    listed $299,000 New 803-char remark

    Show marketing remark (765 chars)

    Charming 3-bedroom, 1.5-bath home located at 3143 Cedar Street in the growing Scottdale area. This property offers a great opportunity for homeowners or investors alike, surrounded by a wave of new construction and neighborhood revitalization. Enjoy the convenience of being within walking distance to a newly renovated park—perfect for outdoor activities, relaxation, or spending time with family and friends. The home features a functional layout with comfortable living spaces and plenty of potential to make it your own. With continued development happening nearby, this location is ideal for those looking to get into an up-and-coming community while values are on the rise. Don’t miss your chance to be part of Scottdale’s exciting growth.

18. 2026-02-03
    listed $299,000 Active 765-char remark

    Show marketing remark (765 chars)

    Charming 3-bedroom, 1.5-bath home located at 3143 Cedar Street in the growing Scottdale area. This property offers a great opportunity for homeowners or investors alike, surrounded by a wave of new construction and neighborhood revitalization. Enjoy the convenience of being within walking distance to a newly renovated park—perfect for outdoor activities, relaxation, or spending time with family and friends. The home features a functional layout with comfortable living spaces and plenty of potential to make it your own. With continued development happening nearby, this location is ideal for those looking to get into an up-and-coming community while values are on the rise. Don’t miss your chance to be part of Scottdale’s exciting growth.

19. 2026-01-31
    historical
20. 2025-10-01
    price $310,000
21. 2025-09-30
    historical
22. 2025-05-23
    listed $375,000 Active
23. 2025-05-23
    listed $375,000 New
24. 1994-01-07
    soldstatus $39,000
25. 1984-06-01
    soldstatus $13,976
26. 1982-11-17
    soldstatus $15,000

ⓘ 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: $3,634 · $303/mo
• Projected year-2 tax: $3,634 · $303/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 ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 6 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,902
• − Mortgage interest: −$14,844
• − Property taxes: −$3,634
• − Insurance: −$1,325
• − Repairs & maintenance: −$2,312
• − Management: −$2,312
• − Depreciation: −$7,709
• Taxable loss: −$3,234
• Est. tax savings @ 24.0%: +$776
• After-tax cash flow: $1,974/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: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Scottdale

• Score: 79/100
• State rank: #18
• US rank: #2327

Category grades

Amenities F Commute A+ Cost of living B+ Crime A- Employment A- Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Scottdale, GA
• County: Dekalb County · 782,738 people
• City population: 4,831
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 4,831
• Household income: $82,500
• Rent vs Own: 43.4% rent · 56.6% own
• Severe rent burden: 353.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.74)
• Race & ethnicity: Black 40% White 22% Two or more races 19% Hispanic / Latino 17% Asian 16%
• Common ancestry: Romanian 3% Scotch-Irish 3% Slovak 3%
• Foreign-born: 17% · Canada, South Korea, Vietnam
• Languages at home: 78% English-only · Other Indo-European 14% Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 23.96%
• Current HPI: 368.6558
• Rent YoY: —
• 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

+1766.7% since first listed

12 events — show timeline

• 2026-05-01 Price Changed $280,000 GAMLS
• 2026-04-30 Price Changed $280,000 FMLS
• 2026-02-03 Listed $299,000 FMLS
• 2026-02-03 Listed $299,000 GAMLS
• 2026-01-31 Listing Removed — FMLS
• 2025-10-01 Price Changed $310,000 FMLS
• 2025-09-30 Listing Removed — GAMLS
• 2025-05-23 Listed $375,000 GAMLS
• 2025-05-23 Listed $375,000 FMLS
• 1994-01-07 Sold (Public Records) $39,000 Public Records
• 1984-06-01 Sold (Public Records) $13,976 Public Records
• 1982-11-17 Sold (Public Records) $15,000 Public Records

Property tax history

+13.6%/yr

Latest (2025): $3,634 · -5.5% YoY. Source: county tax records.