2907 Palm Dr · East Point, GA 30344

$275,000

4 bd · 2.0 ba · 1,508 sqft · MultiFamily public records · 225 Days on market

Built 1962 6,969 sqft lot Est $352k · 22% under

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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 +25.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.7/10.0
• 1% rule +6.1/10.0
• Schools +4.5/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

Key facts

• 6,969 sq ft lot
• 2 parking spots
• Built 1962

🏷️ Possibly a rental listed for sale. The $275,000 price doesn't fit this home's estimated sale value (~$352,450) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath multifamily listed at $275k.

Deal economics

• At list price, monthly cash flow is $675 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $275k).
• Recommended offer: $242k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 5.1% in East Point — 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 72/100 on livability (#72 in GA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Amana Academy School (math 47% / reading 52%, grade D, #264 of 1,228 statewide, top 23%, 731 students, 30% FRL, charter); Paul D. West Middle School (math 17% / reading 17%, grade F, #381 of 470 statewide, top 82%, 803 students, 100% FRL); Tri-Cities High School (math 5% / reading 30%, grade F, #264 of 424 statewide, top 63%, 1,483 students, 100% FRL) — zoned schools average 77% FRL vs 41% district-wide (35 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 28% at this address vs 51% district-wide (-23 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.4%/yr); 295 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• At $3,062/mo this rent would consume 54% of the median local household income ($68k/yr) (locally 2226% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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 225 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 3y ago; this cycle's ask has dropped $15k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major flood risk; moderate wind risk, 25% 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 $242,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 225 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 1962 — 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. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.11% ✓
• Cap rate: 9.24%
• Cash-on-cash: 10.52%
• DSCR: 1.47
• GRM: 7.5

CMA / ARV

• ARV (median comp): $352,450
• List price: $275,000
• Delta: -21.97%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.35% rent growth · sell at horizon

5-year hold

• IRR: -2.3%
• Equity multiple: 0.91×
• Total profit: $-6,634
• Equity at exit: $41,003

10-year hold

• IRR: 5.6%
• Equity multiple: 1.38×
• Total profit: $29,511
• Equity at exit: $23,777

Cash invested: $77,000 (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 30344

• Home prices YoY: -31.0%
• Rents YoY: 1.4%
• Active inventory: 295
• Price-to-rent: 15.0×

Monthly cashflow live

• Estimated rent: $3,062 high
• Mortgage (P&I): −$1,442
• Tax from tax record: −$187 /mo · $2,249/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$643
• Net cashflow: $675

Break-even live

Break-even rent $2,208

Max offer price $275,000

Occupancy floor 73%

Sensitivity live

Price	-10% $830	-5% $753	+0% $675	+5% $597	+10% $519
Rent	-10% $433	-5% $554	+0% $675	+5% $796	+10% $917
Rate	-1.0pp $813	-0.5pp $745	base $675	+0.5pp $604	+1.0pp $531

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$3,062
Total (2 units)			$3,062

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2932 Palm Dr Atlanta, GA	3.0	2.5	1589	$3,200	$2.01	6d	1	0.07mi
2952 Palm Dr Atlanta, GA	3.0	2.0	1120	$1,875	$1.67	7d	1	0.11mi
2874 Blount St Atlanta, GA	3.0	1.0	1190	$1,750	$1.47	7d	1	0.13mi
2801 Palm Dr Atlanta, GA	3.0	1.0	1064	$1,550	$1.46	15d	1	0.18mi
2748 Blount St Atlanta, GA	3.0	1.0	1068	$1,850	$1.73	46d	1	0.34mi
2738 Springdale Rd SW Unit 0A Atlanta, GA	3.0	2.0	1384	$1,650	$1.19	1d	1	0.46mi
1100 Washington Cir Atlanta, GA	1.0–4.0	1.0–1.5	1000	$1,900	$1.90	5d	1	0.48mi
2663 Blount St Atlanta, GA	3.0	2.0	1168	$1,650	$1.41	19d	1	0.49mi
2663 Blount St Atlanta, GA	3.0	2.0	1168	$1,650	$1.41	1d	1	0.49mi
2636 Acadia St Atlanta, GA	3.0	2.0	1300	$1,800	$1.38	26d	1	0.51mi
1244 Calhoun Ave Atlanta, GA	3.0	1.5	1072	$1,673	$1.56	46d	1	0.59mi
2710 Winburn Ter Atlanta, GA	3.0	2.0	1500	$1,800	$1.20	46d	1	0.66mi
1329 Washington Rd Atlanta, GA	4.0	2.0	1600	$2,250	$1.41	46d	1	0.71mi
3160 Lake Ave Unit NA Hapeville, GA	4.0	1.5	1680	$2,095	$1.25	26d	1	0.76mi
3160 Lake Ave Atlanta, GA	4.0	1.5	1680	$1,895	$1.13	1d	1	0.76mi
2894 Randall St Atlanta, GA	4.0	2.0	1225	$1,850	$1.51	46d	1	0.77mi
1377 Pine Ave Atlanta, GA	3.0	2.0	1100	$1,675	$1.52	24d	1	0.83mi
3165 Dogwood Dr #108 Hapeville, GA	4.0	3.5	2200	$2,850	$1.30	5d	1	0.83mi
3165 Dogwood Dr Hapeville, GA	4.0	3.0	2187	$2,999	$1.37	26d	1	0.83mi
905 Willingham Dr #23 Atlanta, GA	3.0	2.5	2050	$2,850	$1.39	19d	1	0.88mi
1344 Winburn Dr Atlanta, GA	3.0	2.0	1388	$2,100	$1.51	26d	1	0.91mi
801 N Central Ave Atlanta, GA	2.0–4.0	2.5–3.5	1586	$3,590	$2.26	5d	10	0.94mi
3166 Jackson St Atlanta, GA	3.0	2.0	1650	$1,595	$0.97	26d	1	0.95mi
3353 Myrtle St Atlanta, GA	3.0	2.0	1504	$2,950	$1.96	46d	1	0.99mi
535 Lake Dr Atlanta, GA	3.0	2.0	1080	$2,275	$2.11	46d	1	0.99mi
3335 Dogwood Dr Hapeville, GA	3.0	3.5	1670	$3,020	$1.81	15d	1	1.05mi
1493 Ashley Way Atlanta, GA	3.0	2.5	1646	$1,900	$1.15	46d	1	1.05mi
2874 Grand Ave SW Atlanta, GA	3.0	2.0	2166	$3,999	$1.85	26d	1	1.06mi
231 Maple St Atlanta, GA	3.0	2.0	1068	$1,645	$1.54	46d	1	1.14mi
2783 Grand Ave SW Atlanta, GA	4.0	2.0	1644	$2,600	$1.58	26d	1	1.14mi
751 Yale Pl SW Atlanta, GA	3.0	2.0	1230	$1,499	$1.22	26d	1	1.15mi
3265 N Fulton Ave Atlanta, GA	3.0	3.0	1927	$2,499	$1.30	46d	1	1.17mi
2800 Grand Ave SW Atlanta, GA	3.0	1.0	1052	$1,600	$1.52	1d	1	1.17mi
3276 Elm St Atlanta, GA	3.0	1.0	1250	$1,685	$1.35	4d	1	1.20mi
486 Pegg Rd SW Atlanta, GA	4.0	1.5	1750	$2,000	$1.14	26d	1	1.22mi
436 Grady Pl Atlanta, GA	3.0	2.0	1425	$2,100	$1.47	17d	1	1.27mi
583 King Arnold St Atlanta, GA	3.0	3.5	1787	$2,700	$1.51	4d	1	1.29mi
2627 N Church St East Point, GA	2.0–3.0	1.0–2.0	1020	$1,375	$1.35	24d	2	1.32mi
3296 Myrtle St Atlanta, GA	4.0	2.0	1452	$2,275	$1.57	46d	1	1.37mi
45 Baker Dr SW Atlanta, GA	3.0	2.0	1056	$1,600	$1.52	26d	1	1.38mi

Listing history 28 events

1. 2026-06-09
   days on market $275,000 Active 225 DOM
2. 2026-06-08
   days on market $275,000 Active 224 DOM
3. 2026-06-07
   days on market $275,000 Active 223 DOM
4. 2026-06-04
   days on market $275,000 Active 220 DOM
5. 2026-06-03
   days on market $275,000 Active 219 DOM
6. 2026-06-01
   days on market $275,000 Active 217 DOM
7. 2026-05-31
   days on market $275,000 Active 216 DOM
8. 2026-02-04
   price $275,000 1033-char remark

   Show marketing remark (1033 chars)

   This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

9. 2025-12-29
   status Active 1033-char remark

   Show marketing remark (1033 chars)

   This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

10. 2025-12-12
    status Pending 1033-char remark

    Show marketing remark (1033 chars)

    This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

11. 2025-10-10
    listed $290,000 Active 1033-char remark

    Show marketing remark (1033 chars)

    This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

12. 2025-10-06
    historical $290,000 1033-char remark

    Show marketing remark (1033 chars)

    This Amazing Opportunity Is Waiting For You!! You have found your investment / house-hack property minutes from Hartsfield Jackson International Airport. With this property being minutes from the airport, it is perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom and hardwood flooring. Units have been upgraded with New Paint inside and out, upgraded kitchen and appliances, and updated bathrooms. Each unit has an open-concept living room along with a kitchen area with two entrances one on each side. Each unit has its own private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property. Unit A Leases for - $1350 Per Month Unit B Leases for - $1400 Per Month

13. 2024-08-13
    historical $1,350
14. 2024-04-16
    listed $1,350
15. 2024-03-19
    soldstatus $275,000 Sold 713-char remark

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

16. 2024-03-19
    soldstatus $275,000 Closed

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

17. 2024-01-19
    status Under Contract 713-char remark

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

18. 2024-01-18
    status Pending
19. 2024-01-05
    status Active

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

20. 2024-01-05
    status Back On Market 713-char remark

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

21. 2024-01-03
    status Under Contract 713-char remark

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

22. 2024-01-03
    status Pending

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

23. 2023-12-14
    listed $259,900 New 713-char remark

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

24. 2023-12-14
    listed $259,900 Active

    Show marketing remark (713 chars)

    You have found your investment / house-hack property! This property is located minutes from the airport. Perfect for frequent travelers, savvy investors, or a professional looking to house hack --live in one unit and rent the other! Each unit offers two bedrooms / one full bathroom--hardwood flooring. There is an open-concept living and kitchen area with two entrances, one on each side. Each unit has its private driveway. Located across from the Cleveland Ave Walmart, new Chase bank, and car wash-- there is new development all around! Also within 2-3 miles of the Georgia International Convention Center, Cultured South Brewery, and the Legacy Event Center. A little TLC will make this the perfect property.

25. 2013-05-02
    soldstatus $22,775,000
26. 1999-08-27
    soldstatus $56,000
27. 1987-06-04
    soldstatus $49,000
28. 1984-10-18
    soldstatus $48,500

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

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,249 · $187/mo
• Projected year-2 tax: $2,530 · $211/mo
• Expected delta: +$281/yr (+$23/mo · 12.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,744
• − Mortgage interest: −$15,404
• − Property taxes: −$2,249
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,940
• − Management: −$2,940
• − Depreciation: −$8,000
• Taxable income: $3,836
• Est. tax owed @ 24.0%: −$921
• After-tax cash flow: $7,177/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: Fulton County
• NCES district ID: 1302280
• Math proficiency: 49% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $68,035
• Composite: 45.33/100
• National rank: #2640
• State rank: #12 of 174 in GA

Livability — East Point

• Score: 72/100
• State rank: #72
• US rank: #6314

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Point, GA
• County: Fulton County · 1,094,430 people
• City population: 35,456
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 35,456
• Household income: $68,380
• Rent vs Own: 56.9% rent · 43.1% own
• Severe rent burden: 2226.0

Population outlook (Fulton County) Hauer SSP2

• Today (2025): 1,203,707 people
• By 2030: 1,299,706 · +8.0%
• By 2040: 1,488,256 · +23.6%
• By 2050: 1,664,580 · +38.3%
• By 2075: 2,036,072 · +69.2%
• By 2100: 2,222,402 · +84.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (74%)
• Race & ethnicity: Black 74% White 11% Hispanic / Latino 11% Two or more races 6%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Italian 1% Swiss 1% Russian 1%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 87% English-only · Spanish 9% Other Indo-European 1% 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: ▼ -113.15%
• Current HPI: 251.7916
• Rent YoY: ▲ 1.35%
• 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

+467.0% since first listed

21 events — show timeline

• 2026-02-04 Price Changed $275,000 FMLS
• 2025-12-29 Relisted — FMLS
• 2025-12-12 Pending — FMLS
• 2025-10-10 Listed $290,000 FMLS
• 2025-10-06 Coming Soon $290,000 FMLS
• 2024-08-13 Rental Removed $1,350 GAMLS
• 2024-04-16 Listed for Rent $1,350 GAMLS
• 2024-03-19 Sold (MLS) $275,000 FMLS
• 2024-03-19 Sold (MLS) $275,000 GAMLS
• 2024-01-19 Pending — GAMLS
• 2024-01-18 Pending — FMLS
• 2024-01-05 Relisted — FMLS
• 2024-01-05 Relisted — GAMLS
• 2024-01-03 Pending — GAMLS
• 2024-01-03 Pending — FMLS
• 2023-12-14 Listed $259,900 FMLS
• 2023-12-14 Listed $259,900 GAMLS
• 2013-05-02 Sold (Public Records) $22,775,000 Public Records
• 1999-08-27 Sold (Public Records) $56,000 Public Records
• 1987-06-04 Sold (Public Records) $49,000 Public Records
• 1984-10-18 Sold (Public Records) $48,500 Public Records

Property tax history

+4.5%/yr

Latest (2025): $2,249 · -0.0% YoY. Source: county tax records.