1551 Ferno Dr NW · Atlanta, GA
Flood risk 7/10 · Major
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.77%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- 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
- 18 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 21.0%
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 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 +23.9/30.0
- ARV discount +15.0/15.0
- DSCR +7.7/10.0
- 1% rule +6.2/10.0
- 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
$169,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities—perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don’t miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
Key facts
- Updated interior
- New appliances
- New countertops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $170k.
Deal economics
- At list price, monthly cash flow is $275 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $170k).
- Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.6% 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; 23 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 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 $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 128 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
- 14 sale attempts since 11y ago; this cycle's ask is 9344% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
- Current owner paid $119k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: flood insurance adds $56/mo.
- Climate carrying-cost: major flood risk; 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 128 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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
- 1.12% ✓
- Cap rate
- 8.63%
- Cash-on-cash
- 8.33%
- DSCR
- 1.37
- GRM
- 7.5
CMA / ARV
- ARV (median comp)
- $210,376
- List price
- $169,900
- Delta
- -19.24%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2843 Marco Dr NW | 0.03mi | 3/1.0 | 850 (+2%) | 9mo | $175,500 | $206 | 88 |
| 2800 Browntown Rd NW | 0.31mi | 3/1.0 | 820 (-2%) | 3mo | $145,000 | $177 | 80 |
| 1636 NW Bridgeport Dr NW | 0.17mi | 3/1.0 | 876 (+5%) | 4mo | $109,500 | $125 | 80 |
| 2811 Marco Dr NW | 0.09mi | 3/1.0 | 873 (+5%) | 18mo | $182,000 | $208 | 73 |
| 2625 Abner NW | 0.72mi | 3/1.0 | 864 (+4%) | 3mo | $160,000 | $185 | 58 |
| 2446 Abner Pl NW | 0.66mi | 3/1.0 | 864 (+4%) | 18mo | $200,000 | $231 | 48 |
| 2550 Center St NW | 0.65mi | 2/2.0 (-1) | 720 (-14%) | 19mo | $65,000 | $90 | 22 |
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
- IRR
- -5.3%
- Equity multiple
- 0.80×
- Total profit
- $-9,481
- Equity at exit
- $25,333
- IRR
- 4.7%
- Equity multiple
- 1.35×
- Total profit
- $16,565
- Equity at exit
- $14,690
Cash invested: $47,572 (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 30318
- Rents YoY
- 3.3%
- Active inventory
- 722
- Price-to-rent
- 7.5×
Monthly cashflow live
- Estimated rent
- $1,898 high interval (Pro) →
- Mortgage (P&I)
- −$891
- Tax from tax record
- −$207 /mo · $2,486/yr
- Insurance
- −$71
- Flood insurance flood zone
- −$56 /mo · $666/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$398
- Net cashflow
- $275
Break-even live
Sensitivity live
| Price | -10% $371 | -5% $323 | +0% $275 | +5% $227 | +10% $178 |
|---|---|---|---|---|---|
| Rent | -10% $125 | -5% $200 | +0% $275 | +5% $350 | +10% $425 |
| Rate | -1.0pp $360 | -0.5pp $318 | base $275 | +0.5pp $231 | +1.0pp $186 |
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
- $42,475
- Closing costs
- $5,097
- 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 23 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2862 Argyle Dr NW Atlanta, GA | 3.0 | 1.0 | 816 | $1,700 | $2.08 | 6d | 1 | 0.27mi |
| 1315 Northwest Dr NW Atlanta, GA | 3.0 | 1.0–2.0 | 908 | $2,415 | $2.66 | 3d | 36 | 0.31mi |
| 1620 Hollywood Rd NW Atlanta, GA | 3.0 | 1.0 | 937 | $1,199 | $1.28 | 3d | 1 | 0.44mi |
| 2430 Perry Blvd NW Atlanta, GA | 2.0 | 1.0 | 800 | $1,500 | $1.88 | 25d | 1 | 0.79mi |
| 2625 Peyton Rd NW Atlanta, GA | 3.0 | 2.0 | 1100 | $2,300 | $2.09 | 18d | 1 | 0.81mi |
| 2888 Parrott Ave NW Unit A Atlanta, GA | 2.0 | 1.0 | 1020 | $1,650 | $1.62 | 20d | 1 | 0.86mi |
| 1648 Mary George Ave NW Atlanta, GA | 3.0 | 2.0 | 1056 | $1,950 | $1.85 | 11d | 1 | 0.89mi |
| 10 Smith St NW Atlanta, GA | 2.0 | 2.0 | 1008 | $2,395 | $2.38 | 14d | 1 | 0.93mi |
| 2000 James Jackson Pkwy NW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 959 | $2,240 | $2.33 | 4d | 10 | 0.93mi |
| 2265 Perry Blvd NW Atlanta, GA | 3.0 | 1.0 | 645 | $1,580 | $2.45 | 3d | 24 | 1.01mi |
| 2595 Elliott St NW Atlanta, GA | 4.0 | 2.0 | 1101 | $1,900 | $1.73 | 11d | 1 | 1.07mi |
| 2284 Alvin Dr NW Unit B 1 Atlanta, GA | 3.0 | 1.0 | 875 | $1,025 | $1.17 | 3d | 1 | 1.08mi |
| 2284 Alvin Dr NW Unit D Atlanta, GA | 2.0 | 1.0 | 868 | $995 | $1.15 | 3d | 1 | 1.08mi |
| 2019 Claude St NW Atlanta, GA | 3.0 | 1.5 | 925 | $1,900 | $2.05 | 25d | 1 | 1.16mi |
| 2130 Main St NW Atlanta, GA | 2.0 | 1.0 | 768 | $1,900 | $2.47 | 25d | 1 | 1.17mi |
| 2075 Claude St NW Atlanta, GA | 3.0 | 1.0 | 925 | $1,750 | $1.89 | 25d | 1 | 1.25mi |
| 1021 Harwell Rd NW Atlanta, GA | 1.0–2.0 | 1.0–1.5 | 1002 | $1,534 | $1.53 | 8d | 15 | 1.33mi |
| 2145 Bolton Rd NW Atlanta, GA | 1.0–2.0 | 1.0 | 800 | $1,249 | $1.56 | 2d | 2 | 1.34mi |
| 1070 Bolton Rd NW Atlanta, GA | 1.0–3.0 | 1.0–3.0 | 1094 | $2,196 | $2.01 | 3d | 12 | 1.40mi |
| 6025 River View Rd SE Mableton, GA | 1.0–2.0 | 1.0–2.0 | 925 | $2,270 | $2.45 | 2d | 20 | 1.44mi |
| 6255 Riverview Rd SE Mableton, GA | 1.0–3.0 | 1.0–2.0 | 1033 | $2,364 | $2.29 | 2d | 22 | 1.46mi |
| 929 N Grand Ave NW Atlanta, GA | 3.0 | 2.0 | 1100 | $2,500 | $2.27 | 25d | 1 | 1.47mi |
| 1110 Cato St NW Atlanta, GA | 3.0 | 1.0 | 1050 | $1,400 | $1.33 | 25d | 1 | 1.50mi |
Listing history 50 events
-
2026-06-18days on market $169,900 Active 128 DOM
-
2026-06-17days on market $169,900 Active 127 DOM
-
2026-06-16days on market $169,900 Active 126 DOM
-
2026-06-15days on market $169,900 Active 125 DOM
-
2026-06-13days on market $169,900 Active 123 DOM
-
2026-06-13days on market $169,900 Active 122 DOM
-
2026-06-09days on market $169,900 Active 119 DOM
-
2026-06-08days on market $169,900 Active 118 DOM
-
2026-06-07days on market $169,900 Active 117 DOM
-
2026-06-04days on market $169,900 Active 114 DOM
-
2026-06-03days on market $169,900 Active 113 DOM
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2026-06-02days on market $169,900 Active 112 DOM
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2026-06-01days on market $169,900 Active 111 DOM
-
2026-05-31days on market $169,900 Active 110 DOM
-
2026-05-16$1,799
-
2026-04-23price $169,900 1241-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-04-23price $169,900 1229-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-04-09price $170,900 1241-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-04-09price $170,900 1229-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-03-31price $172,900 1241-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-03-31price $172,900 1229-char remark
Show marketing remark (1229 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities-perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don't miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-02-10$174,900 New 1229-char remark
Show marketing remark (1241 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities—perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don’t miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
-
2026-02-10$174,900 Active 1241-char remark
Show marketing remark (1241 chars)
Beautifully renovated home in one of the most desirable areas of Atlanta. This property features an updated interior with modern finishes, bright open living spaces, and stylish upgrades throughout. The kitchen offers new countertops, and appliances, (New stove will replace the old one) while the bathroom has been updated. New bath tub and walls with contemporary fixtures. The full, unfinished Walk-out basement provides a blank canvas with endless possibilities—perfect for adding living space, -You could possibly add an extra 2 beds 2 bath income producing apartment, a home office, gym, recreation room or income suite, the choice is yours. This house is fenced all round for privacy. The backyard is large and ready for kids or furry babies. Located in a sought-after neighborhood close to schools, shopping, dining, parks, and major commuter routes, with houses selling in the three hundreds. This home is a perfect balance of quiet living and convenience. Don’t miss this opportunity to own a move-in-ready home with room to grow. Please use showing time. House has a security system. Although everything works and appliances are new, Owner is offering a one year home warranty for buyers peace of mind.
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2025-12-31historical
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2025-12-19price $169,900
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2025-11-08$159,000 New
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2025-10-31historical
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2025-10-25price $165,000
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2025-10-12price $169,900
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2025-10-06price $174,900
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2025-10-01price $175,000
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2025-09-23price $179,000
-
2025-09-18price $179,100
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2025-09-08$189,100 New
-
2025-05-30historical
-
2025-05-20price $179,900
-
2025-03-31historical
-
2025-03-10price $162,900
-
2025-03-07price $159,900
-
2025-02-24price $164,900
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2025-02-11price $164,900
-
2025-02-03price $169,000
-
2025-01-05$174,000 New
-
2025-01-05$174,000 Active
-
2023-10-31historical
-
2023-10-31historical
-
2023-09-20$194,000 Active
-
2023-09-20$194,000 New
-
2022-07-26soldstatus $119,000
-
2016-01-01historical
ⓘ 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
- $2,486 · $207/mo
- Projected year-2 tax
- $2,486 · $207/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 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
- Wind 4/10 Moderate 21% 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
- $22,771
- − Mortgage interest
- −$9,517
- − Property taxes
- −$2,486
- − Insurance
- −$1,516
- − Repairs & maintenance
- −$1,822
- − Management
- −$1,822
- − Depreciation
- −$4,943
- Taxable income
- $667
- Est. tax owed @ 24.0%
- −$160
- After-tax cash flow
- $3,136/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)
- 59,609
- Household income
- $83,116
- Rent vs 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 |
|---|---|---|
| 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
-97.0% since first listed49 events — show timeline
- 2026-05-16 Listed for Rent $1,799 GAMLS
- 2026-04-23 Price Changed $169,900 FMLS
- 2026-04-23 Price Changed $169,900 GAMLS
- 2026-04-09 Price Changed $170,900 FMLS
- 2026-04-09 Price Changed $170,900 GAMLS
- 2026-03-31 Price Changed $172,900 FMLS
- 2026-03-31 Price Changed $172,900 GAMLS
- 2026-02-10 Listed $174,900 FMLS
- 2026-02-10 Listed $174,900 GAMLS
- 2025-12-31 Listing Removed — GAMLS
- 2025-12-19 Price Changed $169,900 GAMLS
- 2025-11-08 Listed $159,000 GAMLS
- 2025-10-31 Listing Removed — GAMLS
- 2025-10-25 Price Changed $165,000 GAMLS
- 2025-10-12 Price Changed $169,900 GAMLS
- 2025-10-06 Price Changed $174,900 GAMLS
- 2025-10-01 Price Changed $175,000 GAMLS
- 2025-09-23 Price Changed $179,000 GAMLS
- 2025-09-18 Price Changed $179,100 GAMLS
- 2025-09-08 Listed $189,100 GAMLS
- 2025-05-30 Listing Removed — GAMLS
- 2025-05-20 Price Changed $179,900 GAMLS
- 2025-03-31 Listing Removed — FMLS
- 2025-03-10 Price Changed $162,900 FMLS
- 2025-03-07 Price Changed $159,900 GAMLS
- 2025-02-24 Price Changed $164,900 FMLS
- 2025-02-11 Price Changed $164,900 GAMLS
- 2025-02-03 Price Changed $169,000 GAMLS
- 2025-01-05 Listed $174,000 FMLS
- 2025-01-05 Listed $174,000 GAMLS
- 2023-10-31 Listing Removed — GAMLS
- 2023-10-31 Listing Removed — FMLS
- 2023-09-20 Listed $194,000 GAMLS
- 2023-09-20 Listed $194,000 FMLS
- 2022-07-26 Sold (Public Records) $119,000 Public Records
- 2016-01-01 Listing Removed — GAMLS
- 2015-12-17 Relisted — GAMLS
- 2015-11-10 Pending — GAMLS
- 2015-10-28 Price Changed $28,800 GAMLS
- 2015-10-13 Listing Removed — GAMLS
- 2015-10-13 Listed $45,000 GAMLS
- 2015-10-08 Sold (MLS) $28,800 GAMLS
- 2015-09-29 Pending — GAMLS
- 2015-09-29 Price Changed $30,000 GAMLS
- 2015-07-23 Listing Removed — GAMLS
- 2015-07-21 Listed $30,000 GAMLS
- 2015-06-03 Relisted — GAMLS
- 2015-06-02 Listing Removed — GAMLS
- 2015-03-25 Listed $60,000 GAMLS
Property tax history
+30.5%/yrLatest (2025): $2,486 · -14.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…