516 Warren Ave · Scottdale, GA 30079

$119,000

2 bd · 1.0 ba · 832 sqft · SingleFamily public records · 45 Days on market

Built 1945 8,712 sqft lot $143/sqft · 47% below area Est $208k · 43% 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 +25.4/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +8.4/10.0
• 1% rule +7.8/10.0
• 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

Excellent location! Endless possibilities with this property right off of N Decatur Rd in Scottdale. Plenty of room to building your dream home, annex the existing house to a new structure or do a full renovation. The home needs full rehab, but has solid bones. Water, sewer, and gas already in place. Close proximity to Avondale Estates, Decatur, Clarkston, Stone Mountain, and minutes away from I-285, Dekalb Farmer's Market. Lots of shopping, restaurants, nightlife and trails/parks in the area. New construction homes nearby at $700K+. Property assemblage next door is planned to have luxury townhomes. Great opportunity to get in while you can and watch your property value skyrocket. Home is on a VPS system, so entry will only be allowed with an accepted offer. Please feel free to visit the exterior anytime.

Key facts

• Solid bones
• Full renovation
• Excellent location

Tags

• EXCELLENT LOCATION
• FULL RENOVATION
• SOLID BONES
• WATER SEWER GAS IN PLACE
• MINUTES AWAY FROM I-285

Property features AI

Finance

• Other: Ownership type not specified; Road frontage type: other; Paved road access; County: Dekalb - GA

Exterior

• Parking: Parking pad
• Utilities: Public water; Public sewer; Electric service details not specified; Other utilities
• Home design: One-level property; Block construction; Shingle roof; Property listed as fixer
• Construction: Block foundation
• Exterior features: Front porch; Other exterior features

Interior

• Kitchen: No kitchen features specified
• Bedrooms: Two main-level bedrooms
• Flooring: Flooring type not specified
• Bathrooms: One full bathroom (main level)
• Heating & cooling: Heating type not specified; Cooling type not specified
• Interior features: No shared/common walls; Crawl space and partial unfinished basement
• Laundry & utility: Laundry features not specified

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $119k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $119k).
• Recommended offer: $115k (3.0% below list) — sets the bar for market timing.

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.
• Zoned schools: Robert Shaw Theme School (math 32% / reading 42%, grade F, #485 of 1,228 statewide, top 41%, 343 students, 100% FRL); Clarkston High School (math 12% / reading 8%, grade F, #365 of 424 statewide, top 88%, 1,413 students, 100% FRL) — zoned schools average 100% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 70 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $13k of equity ($823 loan paydown + $12k 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 $33k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($115k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $53k; list at $119k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.5% of price; built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate wind risk, 23% chance of damaging wind over 30y; extreme-heat days projected 6→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $115,430 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.28% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.93%
• DSCR: 1.44
• GRM: 6.5

CMA / ARV

• ARV (median comp): $208,341
• List price: $119,000
• Delta: -42.88%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3230 Altacrest Dr	0.37mi	2/1.0	832 (0%)	11mo	$150,000	$180	74
700 Parkdale Dr	0.40mi	2/1.0	800 (-4%)	3mo	$252,000	$315	73
435 Warren Ave	0.21mi	2/1.0	720 (-14%)	4mo	$125,000	$174	64
701 Milton St	0.72mi	2/2.0	824 (-1%)	4mo	$260,000	$316	58
3100 Bay St	0.68mi	2/1.0	905 (+9%)	12mo	$190,000	$210	44
797 East Ave	0.74mi	2/1.0	950 (+14%)	22mo	$200,000	$211	23

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: 31.6%
• Equity multiple: 3.47×
• Total profit: $82,453
• Equity at exit: $107,205

10-year hold

• IRR: 27.3%
• Equity multiple: 7.88×
• Total profit: $229,173
• Equity at exit: $231,191

Cash invested: $33,320 (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: 6.5×

Monthly cashflow live

• Estimated rent: $1,518 high
• Mortgage (P&I): −$624
• Tax from tax record: −$250 /mo · $2,999/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $276

Break-even live

Break-even rent $1,169

Max offer price $119,000

Occupancy floor 77%

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: $29,750
• Closing costs: $3,570
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3454 Rockbridge Rd SW Unit A Avondale Estates, GA	2.0	1.0	815	$995	$1.22	43d	1	0.55mi
774 Northern Ave Unit A14 Clarkston, GA	2.0	2.0	1100	$1,250	$1.14	43d	1	0.59mi
774 Northern Ave Unit A16 Clarkston, GA	1.0	1.0	950	$995	$1.05	43d	1	0.60mi
3681 Pavilion Point Decatur, GA	2.0–4.0	1.0–2.0	1355	$1,600	$1.18	43d	1	0.70mi
260 Northern Ave Avondale Estates, GA	1.0–3.0	1.0–2.0	1155	$1,148	$0.99	43d	4	0.75mi
327 N Clarendon Ave Unit B Scottdale, GA	1.0	1.0	620	$1,600	$2.58	43d	1	0.79mi
3799 N Decatur Rd Decatur, GA	1.0–3.0	1.0–2.0	1087	$1,120	$1.03	1d	16	0.81mi
721 Ford Pl Unit A Scottdale, GA	2.0	1.0	896	$1,450	$1.62	5d	1	0.82mi
723 Ford Pl Unit A Scottdale, GA	2.0	1.0	800	$1,400	$1.75	24d	1	0.83mi
792 Jolly Ave S Clarkston, GA	1.0–2.0	1.0–2.0	947	$1,100	$1.16	5d	12	0.87mi
790 N Indian Creek Dr Clarkston, GA	1.0	1.0	700	$1,049	$1.50	3d	1	0.97mi
777 Valleybrook Xing Decatur, GA	1.0–2.0	1.0–2.0	1019	$1,499	$1.47	43d	1	1.02mi
750 Avondale Creek Dr Unit 144 Decatur, GA	2.0	2.0	956	$1,816	$1.90	43d	1	1.10mi
750 Avondale Creek Dr Unit 238 Decatur, GA	1.0	1.0	708	$1,571	$2.22	43d	1	1.10mi
750 Avondale Creek Dr Decatur, GA	2.0	1.0–2.0	732	$1,901	$2.60	1d	14	1.10mi
751 N Indian Creek Dr Clarkston, GA	1.0–3.0	1.0–2.0	995	$1,150	$1.16	43d	1	1.13mi
3330 Mountain Dr Decatur, GA	1.0–3.0	1.0–2.0	972	$1,512	$1.56	1d	29	1.14mi
1039 Verdi Way Clarkston, GA	3.0	1.5	1053	$1,995	$1.89	5d	1	1.20mi
982 Smith St Unit F3 Clarkston, GA	2.0	1.0	700	$795	$1.14	24d	1	1.24mi
982 Smith St Unit D1 Clarkston, GA	2.0	1.0	700	$795	$1.14	12d	1	1.24mi
3519 W Hill St Clarkston, GA	2.0	1.0–1.5	857	$1,299	$1.51	5d	1	1.36mi
3345 Kensington Rd Decatur, GA	2.0	2.0	943	$1,452	$1.54	12d	1	1.36mi
100 Paces Park Dr Decatur, GA	1.0–3.0	1.0–2.0	1084	$1,766	$1.63	2d	20	1.36mi
3324 Valley Brook Pl Decatur, GA	2.0	1.0–2.0	1002	$1,368	$1.36	20d	5	1.42mi
3145 Misty Creek Dr Decatur, GA	1.0–2.0	1.0–2.0	990	$1,725	$1.74	3d	8	1.44mi
3073 Cedar Creek Pkwy Decatur, GA	1.0–3.0	1.0–2.0	1050	$1,334	$1.27	3d	49	1.48mi

Listing history 50 events

1. 2026-06-18
   days on market $119,000 Active 45 DOM
2. 2026-06-17
   days on market $119,000 Active 44 DOM
3. 2026-06-16
   days on market $119,000 Active 43 DOM
4. 2026-06-15
   days on market $119,000 Active 42 DOM
5. 2026-06-13
   days on market $119,000 Active 40 DOM
6. 2026-06-09
   days on market $119,000 Active 36 DOM
7. 2026-06-08
   pricedays on market $119,000 Active 35 DOM

   Show marketing remark (817 chars)

   Excellent location! Endless possibilities with this property right off of N Decatur Rd in Scottdale. Plenty of room to building your dream home, annex the existing house to a new structure or do a full renovation. The home needs full rehab, but has solid bones. Water, sewer, and gas already in place. Close proximity to Avondale Estates, Decatur, Clarkston, Stone Mountain, and minutes away from I-285, Dekalb Farmer's Market. Lots of shopping, restaurants, nightlife and trails/parks in the area. New construction homes nearby at $700K+. Property assemblage next door is planned to have luxury townhomes. Great opportunity to get in while you can and watch your property value skyrocket. Home is on a VPS system, so entry will only be allowed with an accepted offer. Please feel free to visit the exterior anytime.

8. 2026-06-07
   days on market $125,000 Active 34 DOM
9. 2026-06-04
   days on market $125,000 Active 31 DOM
10. 2026-06-03
    days on market $125,000 Active 30 DOM
11. 2026-06-02
    days on market $125,000 Active 29 DOM
12. 2026-06-01
    days on market $125,000 Active 28 DOM
13. 2026-05-31
    days on market $125,000 Active 27 DOM
14. 2026-05-04
    listed $125,000 New 817-char remark

    Show marketing remark (817 chars)

    Excellent location! Endless possibilities with this property right off of N Decatur Rd in Scottdale. Plenty of room to building your dream home, annex the existing house to a new structure or do a full renovation. The home needs full rehab, but has solid bones. Water, sewer, and gas already in place. Close proximity to Avondale Estates, Decatur, Clarkston, Stone Mountain, and minutes away from I-285, Dekalb Farmer's Market. Lots of shopping, restaurants, nightlife and trails/parks in the area. New construction homes nearby at $700K+. Property assemblage next door is planned to have luxury townhomes. Great opportunity to get in while you can and watch your property value skyrocket. Home is on a VPS system, so entry will only be allowed with an accepted offer. Please feel free to visit the exterior anytime.

15. 2026-05-04
    listed $125,000 Active 817-char remark

    Show marketing remark (817 chars)

    Excellent location! Endless possibilities with this property right off of N Decatur Rd in Scottdale. Plenty of room to building your dream home, annex the existing house to a new structure or do a full renovation. The home needs full rehab, but has solid bones. Water, sewer, and gas already in place. Close proximity to Avondale Estates, Decatur, Clarkston, Stone Mountain, and minutes away from I-285, Dekalb Farmer's Market. Lots of shopping, restaurants, nightlife and trails/parks in the area. New construction homes nearby at $700K+. Property assemblage next door is planned to have luxury townhomes. Great opportunity to get in while you can and watch your property value skyrocket. Home is on a VPS system, so entry will only be allowed with an accepted offer. Please feel free to visit the exterior anytime.

16. 2025-04-27
    historical
17. 2025-04-27
    historical
18. 2025-03-31
    status Back On Market
19. 2025-03-31
    status Active
20. 2025-03-30
    historical
21. 2025-03-30
    historical
22. 2025-03-25
    price $125,000
23. 2025-03-25
    price $125,000
24. 2025-03-05
    status Price Change
25. 2025-03-05
    price $135,000
26. 2025-03-05
    status Active
27. 2025-03-05
    price $135,000
28. 2025-03-02
    historical
29. 2025-03-02
    historical
30. 2025-02-13
    listed $150,000 Active
31. 2025-02-13
    listed $150,000 New
32. 2022-08-28
    historical
33. 2022-08-19
    price $119,000
34. 2022-07-25
    listed $125,000 New
35. 2022-04-21
    historical
36. 2022-04-02
    status Active
37. 2022-04-02
    price $209,000
38. 2022-03-27
    historical
39. 2022-03-05
    status Active
40. 2022-02-27
    historical
41. 2022-02-14
    listed $225,000 New
42. 2021-10-12
    historical
43. 2021-09-28
    status Under Contract
44. 2021-09-27
    historical
45. 2021-09-08
    status Back on Market
46. 2021-08-30
    historical
47. 2021-08-12
    listed $225,000 New
48. 2019-04-16
    soldstatus $53,000
49. 2019-04-12
    soldstatus $53,000 Closed
50. 2019-04-12
    soldstatus $53,000 Sold

ⓘ 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: $2,999 · $250/mo
• Projected year-2 tax: $2,999 · $250/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 6 d/yr ≥104°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 23% 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: $18,216
• − Mortgage interest: −$6,666
• − Property taxes: −$2,999
• − Insurance: −$595
• − Repairs & maintenance: −$1,457
• − Management: −$1,457
• − Depreciation: −$3,462
• Taxable income: $1,580
• Est. tax owed @ 24.0%: −$379
• After-tax cash flow: $2,929/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

+83.1% since first listed

43 events — show timeline

• 2026-06-08 Price Changed $119,000 FMLS
• 2026-06-08 Price Changed $119,000 GAMLS
• 2026-05-04 Listed $125,000 FMLS
• 2026-05-04 Listed $125,000 GAMLS
• 2025-04-27 Listing Removed — GAMLS
• 2025-04-27 Listing Removed — FMLS
• 2025-03-31 Relisted — GAMLS
• 2025-03-31 Relisted — FMLS
• 2025-03-30 Listing Removed — GAMLS
• 2025-03-30 Listing Removed — FMLS
• 2025-03-25 Price Changed $125,000 GAMLS
• 2025-03-25 Price Changed $125,000 FMLS
• 2025-03-05 Relisted — GAMLS
• 2025-03-05 Price Changed $135,000 GAMLS
• 2025-03-05 Relisted — FMLS
• 2025-03-05 Price Changed $135,000 FMLS
• 2025-03-02 Listing Removed — GAMLS
• 2025-03-02 Listing Removed — FMLS
• 2025-02-13 Listed $150,000 GAMLS
• 2025-02-13 Listed $150,000 FMLS
• 2022-08-28 Listing Removed — GAMLS
• 2022-08-19 Price Changed $119,000 GAMLS
• 2022-07-25 Listed $125,000 GAMLS
• 2022-04-21 Listing Removed — GAMLS
• 2022-04-02 Relisted — GAMLS
• 2022-04-02 Price Changed $209,000 GAMLS
• 2022-03-27 Listing Removed — GAMLS
• 2022-03-05 Relisted — GAMLS
• 2022-02-27 Listing Removed — GAMLS
• 2022-02-14 Listed $225,000 GAMLS
• 2021-10-12 Listing Removed — GAMLS
• 2021-09-28 Pending — GAMLS
• 2021-09-27 Listing Removed — GAMLS
• 2021-09-08 Relisted — GAMLS
• 2021-08-30 Listing Removed — GAMLS
• 2021-08-12 Listed $225,000 GAMLS
• 2019-04-16 Sold (Public Records) $53,000 Public Records
• 2019-04-12 Sold (MLS) $53,000 GAMLS
• 2019-04-12 Sold (MLS) $53,000 FMLS
• 2019-04-01 Pending — GAMLS
• 2019-04-01 Pending — FMLS
• 2019-02-20 Listed $65,000 GAMLS
• 2019-02-11 Listed $65,000 FMLS

Property tax history

+7.5%/yr

Latest (2025): $2,999 · +15.8% YoY. Source: county tax records.