1212 Westridge Rd SW · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +21.4/30.0
- DSCR +6.8/10.0
- 1% rule +5.0/10.0
- Livability +4.2/5.0
- Schools +2.7/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- ARV discount +0.4/15.0
- Appreciation +0.0/10.0
$195,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don't miss out on this fantastic opportunity to maximize your investment!
Key facts
- 0.37 acre lot
- Built 1950
- Listed 23 days
Property features AI
Exterior
- Parking: Driveway; Open parking available
- Utilities: Public water; Sewer available (type not specified); Electricity available
- Home design: One-level home; Wood siding; Shingle roof; Concrete perimeter foundation
- Construction: Wood siding construction; Shingle roof; Concrete perimeter foundation
- Exterior features: Deck; Rear porch; Property listed as a fixer
Interior
- Kitchen: No specific kitchen features listed
- Bedrooms: Two bedrooms on the main level; One bedroom in the lower level; Primary suite on the main level
- Bathrooms: Three full bathrooms total; Two full bathrooms on the main level; One full bathroom in the lower level
- Interior features: No shared/common walls; Unfinished basement; Sun room
- Laundry & utility: Laundry located in the basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $195k.
Deal economics
- At list price, monthly cash flow is $289 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $195k).
- Recommended offer: $192k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.1% 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: cost of living C-.
- Atlanta Public Schools (urban): math 28% / reading 35% proficiency, ranked #80 of 174 in GA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Tuskegee Airman Global Academy (math 2% / reading 2%, grade F, #1,204 of 1,228 statewide, top 100%, 520 students, 100% FRL); Booker T. Washington High School (math 24% / reading 24%, grade F, #184 of 424 statewide, top 48%, 831 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 14% at this address vs 32% district-wide (-18 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
- Market conditions: Rents soft (-0.2%/yr); 245 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $6k 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 23 days — a 2% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 2y ago; this cycle's ask has dropped $54k (22%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $149k; 31% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1950 — 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.
Questions for the listing agent
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new 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
- 1.00% ✓
- Cap rate
- 8.07%
- Cash-on-cash
- 6.35%
- DSCR
- 1.28
- GRM
- 8.3
CMA / ARV
- ARV (on-the-fly)
- $168,336
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1098 Cascade Cir SW | 0.26mi | 2/1.0 | 1,023 (+2%) | 2mo | $220,000 | $215 | 84 |
| 1360 Lockhaven Cir SW | 0.33mi | 3/1.0 (+1) | 1,020 (+1%) | 10mo | $170,000 | $167 | 69 |
| 1239 Kenilworth Dr SW | 0.70mi | 2/1.0 | 1,008 (0%) | 6mo | $100,000 | $99 | 62 |
| 1566 Avon Ave SW | 0.43mi | 3/1.0 (+1) | 1,056 (+5%) | 8mo | $169,900 | $161 | 60 |
| 1535 Pineview Ter SW | 0.67mi | 3/1.0 (+1) | 1,036 (+3%) | 2mo | $141,000 | $136 | 58 |
| 1581 Kenmore St SW | 0.41mi | 2/1.0 | 910 (-10%) | 9mo | $199,995 | $220 | 57 |
| 1750 Beechwood Blvd SW | 0.66mi | 3/1.0 (+1) | 989 (-2%) | 5mo | $105,000 | $106 | 56 |
| 924 Beecher Ct SW | 0.69mi | 3/1.0 (+1) | 978 (-3%) | 7mo | $174,000 | $178 | 52 |
| 1391 Elizabeth Ave SW | 0.74mi | 2/1.0 | 933 (-7%) | 6mo | $180,000 | $193 | 48 |
| 1753 Beechwood Blvd SW | 0.61mi | 3/1.5 (+1) | 1,116 (+11%) | 3mo | $147,000 | $132 | 44 |
| 1579 Mayflower Ave SW | 0.59mi | 3/1.0 (+1) | 1,144 (+14%) | 9mo | $165,000 | $144 | 37 |
| 1532 Pineview Ter SW | 0.65mi | 3/2.0 (+1) | 1,120 (+11%) | 13mo | $272,500 | $243 | 31 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -9.8%
- Equity multiple
- 0.65×
- Total profit
- $-18,954
- Equity at exit
- $29,075
- IRR
- -4.8%
- Equity multiple
- 0.72×
- Total profit
- $-15,051
- Equity at exit
- $16,860
Cash invested: $54,600 (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
ZIP-level market 30311
- Home prices YoY
- -33.3%
- Rents YoY
- -0.2%
- Active inventory
- 245
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $1,953 high interval (Pro) →
- Mortgage (P&I)
- −$1,023
- Tax from tax record
- −$150 /mo · $1,805/yr
- Insurance
- −$81
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$410
- Net cashflow
- $289
Break-even live
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
- $48,750
- Closing costs
- $5,850
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1876 Sandtown Rd SW Atlanta, GA | 3.0 | 2.0 | 1230 | $2,500 | $2.03 | 24d | 1 | 0.28mi |
| 1300 Wichita Dr SW Atlanta, GA | 3.0 | 2.0 | 1077 | $2,200 | $2.04 | 24d | 1 | 0.34mi |
| 1346 Wichita Dr SW Atlanta, GA | 3.0 | 2.0 | 1183 | $2,125 | $1.80 | 7d | 1 | 0.36mi |
| 1537 Orlando St SW Atlanta, GA | 2.0 | 1.0 | 1068 | $1,700 | $1.59 | 24d | 1 | 0.52mi |
| 1586 Ocala Ave SW Atlanta, GA | 1.0 | 1.0 | 1400 | $600 | $0.43 | 24d | 1 | 0.53mi |
| 1255 Westmont Rd SW Atlanta, GA | 3.0 | 2.0 | 1500 | $1,695 | $1.13 | 24d | 1 | 0.53mi |
| 1295 Westmont Rd SW Atlanta, GA | 2.0 | 1.0 | 910 | $1,500 | $1.65 | 24d | 1 | 0.55mi |
| 1246 Westmont Rd SW Atlanta, GA | 3.0 | 1.0 | 1200 | $1,500 | $1.25 | 3d | 1 | 0.56mi |
| 1404 Lockwood Dr SW Atlanta, GA | 2.0 | 2.0 | 980 | $1,700 | $1.73 | 7d | 1 | 0.60mi |
| 1408 Lockwood Dr SW Atlanta, GA | 3.0 | 2.0 | 1300 | $1,950 | $1.50 | 24d | 1 | 0.61mi |
| 1080 Westmont Rd SW Atlanta, GA | 3.0 | 2.0 | 1022 | $2,500 | $2.45 | 15d | 1 | 0.62mi |
| 1449 Lynford Dr SW Atlanta, GA | 3.0 | 1.0 | 1242 | $1,895 | $1.53 | 24d | 1 | 0.67mi |
| 1449 Lynford Dr SW Atlanta, GA | 3.0 | 1.0 | 1242 | $1,895 | $1.53 | 18d | 1 | 0.67mi |
| 1280 Elizabeth Ave SW Atlanta, GA | 3.0 | 1.0 | 1105 | $1,950 | $1.76 | 24d | 1 | 0.69mi |
| 1280 Kenilworth Dr SW Atlanta, GA | 3.0 | 2.0 | 1000 | $1,800 | $1.80 | 24d | 1 | 0.77mi |
| 1310 Kenilworth Dr SW Atlanta, GA | 3.0 | 2.0 | 1192 | $2,000 | $1.68 | 24d | 1 | 0.78mi |
| 966 Gaston St SW Atlanta, GA | 3.0 | 2.5 | 1331 | $2,250 | $1.69 | 24d | 1 | 0.78mi |
| 1389 Lanvale Dr SW Atlanta, GA | 3.0 | 2.0 | 1430 | $2,500 | $1.75 | 7d | 1 | 0.80mi |
| 1443 Venetian Dr SW Atlanta, GA | 3.0 | 1.0 | 1139 | $1,395 | $1.22 | 24d | 1 | 0.82mi |
| 1291 Lorenzo Dr SW Unit 1 Atlanta, GA | 3.0 | 1.0 | 1100 | $1,825 | $1.66 | 15d | 1 | 0.83mi |
| 1307 Lorenzo Dr SW Unit A Atlanta, GA | 3.0 | 2.0 | 1300 | $1,795 | $1.38 | 24d | 1 | 0.83mi |
| 2190 Highview Rd SW Atlanta, GA | 3.0 | 2.5 | 1305 | $2,500 | $1.92 | 2d | 1 | 0.84mi |
| 1681 Hadlock St SW Atlanta, GA | 3.0 | 2.0 | 1170 | $1,875 | $1.60 | 5d | 1 | 0.86mi |
| 1346 Lorenzo Dr SW Atlanta, GA | 3.0 | 2.0 | 1486 | $5,000 | $3.36 | 24d | 1 | 0.88mi |
| 1735 Alvarado Ter SW Atlanta, GA | 3.0 | 2.0 | 1235 | $1,595 | $1.29 | 22d | 1 | 0.89mi |
| 2079 Honeysuckle Ln SW Atlanta, GA | 3.0 | 2.0 | 1500 | $1,900 | $1.27 | 24d | 1 | 0.90mi |
| 1427 Lorenzo Dr SW Atlanta, GA | 3.0 | 2.0 | 1128 | $1,995 | $1.77 | 24d | 1 | 0.90mi |
| 2232 Highview Rd SW Unit C Atlanta, GA | 1.0 | 1.0 | 760 | $2,000 | $2.63 | 24d | 1 | 0.92mi |
| 1361 Byrere Ter SW Unit 2 Atlanta, GA | 2.0 | 1.0 | 836 | $1,299 | $1.55 | 24d | 1 | 0.93mi |
| 2287 Boulevard Granada SW Atlanta, GA | 3.0 | 2.0 | 1496 | $2,050 | $1.37 | 22d | 1 | 0.95mi |
| 1578 Linda Way SW Atlanta, GA | 3.0 | 2.0 | 1343 | $2,030 | $1.51 | 14d | 1 | 0.96mi |
| 1448 Westboro Dr SW Atlanta, GA | 3.0 | 2.0 | 1437 | $2,300 | $1.60 | 7d | 1 | 0.97mi |
| 1474 Beecher St SW Atlanta, GA | 3.0 | 2.0 | 1332 | $3,200 | $2.40 | 24d | 1 | 1.00mi |
| 1587 Olympian Cir SW Unit B Atlanta, GA | 2.0 | 1.0 | 1086 | $1,300 | $1.20 | 24d | 1 | 1.02mi |
| 763 Cascade Ave SW Atlanta, GA | 2.0 | 1.0 | 900 | $1,249 | $1.39 | 2d | 5 | 1.03mi |
| 1250 Byewood Ln SW Atlanta, GA | 2.0 | 2.0 | 1100 | $2,150 | $1.95 | 24d | 1 | 1.04mi |
| 1717 Centra Villa Dr SW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1033 | $1,400 | $1.35 | 24d | 1 | 1.04mi |
| 1226 Byewood Ln SW Unit B Atlanta, GA | 2.0 | 2.0 | 831 | $1,950 | $2.35 | 24d | 1 | 1.07mi |
| 1255 Campbellton Rd SW Atlanta, GA | 3.0 | 2.0 | 1305 | $2,095 | $1.61 | 24d | 1 | 1.08mi |
| 2324 Highview Rd SW Unit A Atlanta, GA | 2.0 | 1.5 | 1200 | $2,000 | $1.67 | 24d | 1 | 1.10mi |
Listing history 22 events
-
2026-05-20status Pending
-
2026-05-11historical Active Under Contract
-
2026-05-07status Active
-
2026-05-07price $195,000
-
2026-04-11status Pending
-
2026-04-09historical Active Under Contract
-
2026-03-30$249,000 Active
-
2024-12-13soldstatus $149,000 Sold 620-char remark
Show marketing remark (620 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don't miss out on this fantastic opportunity to maximize your investment!
-
2024-12-10status Under Contract 620-char remark
Show marketing remark (620 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don't miss out on this fantastic opportunity to maximize your investment!
-
2024-11-25soldstatus $149,000
-
2024-11-22soldstatus $149,000 Closed 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-11-14historical Active Under Contract 620-char remark
Show marketing remark (620 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don't miss out on this fantastic opportunity to maximize your investment!
-
2024-11-12status Pending 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-11-11historical Active Under Contract 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-11-09status Pending 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-11-08historical Active Under Contract 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-10-30status Back On Market 620-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-10-30status Active 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-10-29status Under Contract 620-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-10-29historical Active Under Contract 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
-
2024-10-24$149,000 New 620-char remark
Show marketing remark (620 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don't miss out on this fantastic opportunity to maximize your investment!
-
2024-10-22$149,000 Active 626-char remark
Show marketing remark (626 chars)
Investment Opportunity in the West Ridge Subdivision! This property is perfect for investors looking for a renovation project with high potential. The home can be converted into a 3-bedroom, 2-bath on the main floor, plus a 2-bedroom, 1-bath basement with a separate entrance, ideal for additional rental income. Located near major attractions like shopping centers, grocery stores, restaurants, and entertainment, this property is just minutes from Publix, Walmart, and the Cascade Springs Nature Preserve, making it a highly desirable location. Don’t miss out on this fantastic opportunity to maximize your investment!
ⓘ 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
- $1,805 · $150/mo
- Projected year-2 tax
- $1,805 · $150/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 · 17 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 4/10 Moderate 4 unhealthy d/yr today · 6 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
- $23,440
- − Mortgage interest
- −$10,923
- − Property taxes
- −$1,805
- − Insurance
- −$975
- − Repairs & maintenance
- −$1,875
- − Management
- −$1,875
- − Depreciation
- −$5,673
- Taxable income
- $314
- Est. tax owed @ 24.0%
- −$75
- After-tax cash flow
- $3,391/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)
- 34,953
- Household income
- $50,649
- Rent vs Own
- Severe rent burden
- 2825.0
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 (89%)
- Race & ethnicity
- Black 89% Hispanic / Latino 4% Two or more races 4% White 3%
- Common ancestry
- Hispanic 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 93% English-only · Spanish 3% French/Haitian/Cajun 1% Korean 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
- ▼ -129.99%
- Current HPI
- 259.954
- Rent YoY
- ▼ -0.19%
- 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
+30.9% since first listed22 events — show timeline
- 2026-05-20 Pending — FMLS
- 2026-05-11 Contingent — FMLS
- 2026-05-07 Relisted — FMLS
- 2026-05-07 Price Changed $195,000 FMLS
- 2026-04-11 Pending — FMLS
- 2026-04-09 Contingent — FMLS
- 2026-03-30 Listed $249,000 FMLS
- 2024-12-13 Sold (MLS) $149,000 GAMLS
- 2024-12-10 Pending — GAMLS
- 2024-11-25 Sold (Public Records) $149,000 Public Records
- 2024-11-22 Sold (MLS) $149,000 FMLS
- 2024-11-14 Contingent — GAMLS
- 2024-11-12 Pending — FMLS
- 2024-11-11 Contingent — FMLS
- 2024-11-09 Pending — FMLS
- 2024-11-08 Contingent — FMLS
- 2024-10-30 Relisted — GAMLS
- 2024-10-30 Relisted — FMLS
- 2024-10-29 Pending — GAMLS
- 2024-10-29 Contingent — FMLS
- 2024-10-24 Listed $149,000 GAMLS
- 2024-10-22 Listed $149,000 FMLS
Property tax history
+4.3%/yrLatest (2025): $1,805 · +125.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…