937 Silverwood Dr · Riverdale, GA 30349

$135,000

2 bd · 3.0 ba · 1,276 sqft · Townhouse public records · 65 Days on market

Built 1984 2,465 sqft lot $106/sqft · 10% below area Est $151k · 10% under ↓ 24% since listing

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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 +22.2/30.0
• ARV discount +12.1/15.0
• Appreciation +10.0/10.0
• DSCR +7.1/10.0
• 1% rule +6.2/10.0
• Livability +3.5/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +1.3/10.0

Listing remarks MLS

Charming Townhouse Near Atlanta's Heartbeat Step into your next investment opportunity with this inviting 2-bedroom, 2.5-bathroom townhouse, just minutes from Hartsfield-Jackson Atlanta International Airport and the vibrant downtown scene! This property is an investor's paradise, offering the perfect canvas for a little TLC to unlock its full potential. Enjoy modern comforts with elegant granite countertops and ample space featuring an extra storage room for all your essentials. Whether you're looking to live in or rent out, this gem combines convenience and charm in one of Atlanta's most sought-after locations. Don't miss out on this chance to secure a property that radiates possibilities. Schedule your viewing today!

Key facts

• Minutes from airport
• Granite countertops
• Extra storage room

Tags

• GRANITE COUNTERTOPS
• EXTRA STORAGE ROOM
• INVESTMENT OPPORTUNITY
• MINUTES FROM AIRPORT
• SOUGHT-AFTER LOCATIONS

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath townhouse listed at $135k.

Deal economics

• At list price, monthly cash flow is $219 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $127k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 5.5% in Riverdale — 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 70/100 on livability (#100 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: West Clayton Elementary School (math 10% / reading 10%, grade F, #1,076 of 1,228 statewide, top 89%, 488 students, 90% FRL); North Clayton Middle School (math 12% / reading 27%, grade F, #356 of 470 statewide, top 78%, 767 students, 90% FRL); North Clayton High School (math 2% / reading 22%, grade F, #336 of 424 statewide, top 80%, 1,206 students, 90% FRL).
• Market conditions: Rents flat; 655 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($933 loan paydown + $14k appreciation (10.0% local appreciation)).
• Clayton County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 0.9% rent growth), your $38k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 11y 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 $50k; list at $135k implies a 170% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $126,900 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. Crime grade is D 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?
6. 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.
7. 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.
8. 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: 8.24%
• Cash-on-cash: 6.95%
• DSCR: 1.31
• GRM: 7.4

CMA / ARV

• ARV (median comp): $150,553
• List price: $135,000
• Delta: -10.33%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5634 Windwood Rd	0.06mi	2/2.5	1,232 (-3%)	12mo	$175,230	$142	79
941 Windwood Ct	0.24mi	3/2.5 (+1)	1,296 (+2%)	3mo	$195,000	$150	77
5591 Windwood Rd	0.13mi	3/2.5 (+1)	1,232 (-3%)	8mo	$52,500	$43	75
5580 Windwood Rd	0.16mi	2/2.5	1,232 (-3%)	15mo	$185,925	$151	72
979 Hickory Bend Rd	0.33mi	3/2.5 (+1)	1,232 (-3%)	2mo	$154,255	$125	71
912 Holden Ln	0.25mi	2/2.5	1,232 (-3%)	13mo	$203,000	$165	70
990 Hickory Bend Rd	0.29mi	3/2.5 (+1)	1,254 (-2%)	11mo	$125,000	$100	68
811 Boston Cmn	0.30mi	2/2.0	1,130 (-11%)	2mo	$125,000	$111	62
758 Boston Cmn	0.36mi	3/2.0 (+1)	1,200 (-6%)	8mo	$165,000	$138	58
5407 Glen Haven Dr	0.58mi	3/2.0 (+1)	1,392 (+9%)	6mo	$135,000	$97	44
5405 Glen Haven Dr	0.58mi	3/2.0 (+1)	1,392 (+9%)	6mo	$135,000	$97	44
1119 Summer Brook Rd	0.54mi	3/2.0 (+1)	1,392 (+9%)	11mo	$135,000	$97	42

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 · 0.95% rent growth · sell at horizon

5-year hold

• IRR: 28.5%
• Equity multiple: 3.23×
• Total profit: $84,451
• Equity at exit: $121,619

10-year hold

• IRR: 24.2%
• Equity multiple: 7.14×
• Total profit: $232,137
• Equity at exit: $262,275

Cash invested: $37,800 (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 30349

• Home prices YoY: 4.6%
• Rents YoY: 0.9%
• Active inventory: 655
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,512 high
• Mortgage (P&I): −$708
• Tax from tax record: −$212 /mo · $2,541/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $219

Break-even live

Break-even rent $1,235

Max offer price $135,000

Occupancy floor 81%

Sensitivity live

Price	-10% $295	-5% $257	+0% $219	+5% $181	+10% $142
Rent	-10% $99	-5% $159	+0% $219	+5% $279	+10% $338
Rate	-1.0pp $287	-0.5pp $253	base $219	+0.5pp $184	+1.0pp $148

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
945 Silverwood Dr Unit 945 Atlanta, GA	2.0	2.5	1232	$1,275	$1.03	5d	1	0.03mi
907 Silverwood Dr Atlanta, GA	2.0	2.5	1276	$1,225	$0.96	22d	1	0.04mi
907 Silverwood Dr #907 Atlanta, GA	2.0	2.5	1276	$1,225	$0.96	45d	1	0.04mi
907 Silverwood Dr #907 Atlanta, GA	2.0	2.5	1276	$1,250	$0.98	22d	1	0.04mi
5614 Windwood Rd Unit 5614 Atlanta, GA	2.0	2.5	1232	$1,295	$1.05	46d	1	0.09mi
5612 Windwood Rd Unit 5614 Atlanta, GA	2.0	2.5	1232	$1,250	$1.01	25d	1	0.10mi
5724 Riverdale Rd Atlanta, GA	1.0–2.0	1.0–2.0	1039	$1,460	$1.40	6d	1	0.14mi
845 Rock Shoals Ct Atlanta, GA	3.0	2.0	1504	$1,740	$1.16	6d	1	0.15mi
5599 Rock Shoals Way Atlanta, GA	3.0	2.5	1510	$1,840	$1.22	3d	1	0.17mi
1048 Flat Shoals Rd Atlanta, GA	1.0–3.0	1.0–2.0	996	$1,346	$1.35	0d	12	0.21mi
5569 Pine Gate Dr Atlanta, GA	3.0	2.0	1400	$2,350	$1.68	22d	1	0.24mi
972 Windwood Ct Atlanta, GA	3.0	2.0	1224	$1,671	$1.37	45d	1	0.27mi
1081 Garden Walk Blvd Atlanta, GA	1.0–2.0	1.0–2.0	895	$1,498	$1.67	0d	34	0.28mi
5543 Pine Gate Dr Atlanta, GA	3.0	2.0	1352	$1,895	$1.40	14d	1	0.28mi
5543 Pine Gate Dr Atlanta, GA	3.0	2.0	1352	$1,615	$1.19	45d	1	0.28mi
935 Hickory Bend Rd Atlanta, GA	3.0	2.5	1452	$1,650	$1.14	0d	1	0.33mi
852 Garden Walk Blvd Atlanta, GA	1.0–2.0	1.0–2.0	835	$1,489	$1.78	45d	9	0.39mi
934 Garden Walk Blvd Atlanta, GA	1.0–2.0	1.0–2.0	875	$1,610	$1.84	0d	11	0.44mi
1110 Garden Walk Blvd Atlanta, GA	1.0–3.0	1.0–2.0	1016	$1,388	$1.36	0d	22	0.44mi
1086 Summer Brook Rd Atlanta, GA	3.0	2.0	1400	$1,600	$1.14	45d	1	0.48mi
5475 Glen Haven Dr Atlanta, GA	2.0	2.0	1208	$2,900	$2.40	45d	1	0.50mi
746 Garden Walk Blvd Atlanta, GA	1.0–2.0	1.0–2.0	852	$1,525	$1.79	4d	9	0.50mi
1121 Brookstone Rd Atlanta, GA	3.0	2.0	1200	$1,700	$1.42	45d	1	0.52mi
639 Garden Walk Blvd Atlanta, GA	1.0–2.0	1.0–2.0	852	$1,500	$1.76	6d	8	0.55mi
5415 Glen Haven Dr Atlanta, GA	3.0	2.0	1197	$1,580	$1.32	25d	1	0.58mi
1136 Summer Brook Rd Atlanta, GA	3.0	2.0	1416	$1,599	$1.13	6d	1	0.59mi
5890 Riverdale Rd Atlanta, GA	2.0	2.0	990	$1,269	$1.28	25d	1	0.60mi
5890 Riverdale Rd Atlanta, GA	2.0	2.0	990	$1,269	$1.28	46d	1	0.60mi
5890 Riverdale Rd Atlanta, GA	3.0	2.0	1121	$1,559	$1.39	45d	1	0.60mi
6030 Riverdale Rd Atlanta, GA	1.0–3.0	1.0–2.0	1043	$1,585	$1.52	45d	21	0.66mi
5751 Riverdale Rd Atlanta, GA	2.0	1.5	1110	$1,450	$1.31	25d	3	0.66mi
6030 Riverdale Rd Riverdale, GA	2.0	2.0	1137	$1,725	$1.52	45d	1	0.69mi
1270 Brookstone Rd Atlanta, GA	3.0	2.5	1826	$1,920	$1.05	6d	1	0.70mi
1194 Crystal Lake Rd Atlanta, GA	3.0	2.0	1623	$1,545	$0.95	25d	1	0.74mi
5689 Isleworth Way Atlanta, GA	3.0	2.0	1248	$1,800	$1.44	16d	1	0.76mi
6114 Riverdale Rd Atlanta, GA	2.0	2.0	1113	$1,735	$1.56	45d	1	0.78mi
6114 Riverdale Rd Atlanta, GA	1.0	1.0	906	$1,250	$1.38	25d	1	0.78mi
5420 Riverdale Rd Atlanta, GA	2.0	1.0–2.0	1075	$1,225	$1.14	6d	1	0.80mi
5922 Heatherwood Ln Riverdale, GA	3.0	2.0	1026	$1,535	$1.50	25d	1	0.80mi
5801 Riverdale Rd Atlanta, GA	2.0	1.5	1150	$1,275	$1.11	6d	1	0.81mi

Listing history 29 events

1. 2026-06-21
   days on market $135,000 Active 65 DOM
2. 2026-06-18
   days on market $135,000 Active 62 DOM
3. 2026-06-17
   days on market $135,000 Active 61 DOM
4. 2026-06-16
   days on market $135,000 Active 60 DOM
5. 2026-06-15
   days on market $135,000 Active 59 DOM
6. 2026-06-13
   days on market $135,000 Active 57 DOM
7. 2026-06-09
   days on market $135,000 Active 53 DOM
8. 2026-06-08
   days on market $135,000 Active 52 DOM
9. 2026-06-07
   days on market $135,000 Active 51 DOM
10. 2026-06-04
    days on market $135,000 Active 48 DOM
11. 2026-06-03
    days on market $135,000 Active 47 DOM
12. 2026-06-02
    days on market $135,000 Active 46 DOM
13. 2026-06-01
    days on market $135,000 Active 45 DOM
14. 2026-05-31
    days on market $135,000 Active 44 DOM
15. 2026-05-14
    status Under Contract 738-char remark

    Show marketing remark (756 chars)

    Charming Townhouse Near Atlanta’s Heartbeat Step into your next investment opportunity with this inviting 2-bedroom, 2.5-bathroom townhouse, just minutes from Hartsfield-Jackson Atlanta International Airport and the vibrant downtown scene! This property is an investor's paradise, offering the perfect canvas for a little TLC to unlock its full potential. Enjoy modern comforts with elegant granite countertops and ample space featuring an extra storage room for all your essentials. Whether you’re looking to live in or rent out, this gem combines convenience and charm in one of Atlanta's most sought-after locations. Don’t miss out on this chance to secure a property that radiates possibilities. Schedule your viewing today!

16. 2026-05-14
    status Pending 756-char remark

    Show marketing remark (756 chars)

    Charming Townhouse Near Atlanta’s Heartbeat Step into your next investment opportunity with this inviting 2-bedroom, 2.5-bathroom townhouse, just minutes from Hartsfield-Jackson Atlanta International Airport and the vibrant downtown scene! This property is an investor's paradise, offering the perfect canvas for a little TLC to unlock its full potential. Enjoy modern comforts with elegant granite countertops and ample space featuring an extra storage room for all your essentials. Whether you’re looking to live in or rent out, this gem combines convenience and charm in one of Atlanta's most sought-after locations. Don’t miss out on this chance to secure a property that radiates possibilities. Schedule your viewing today!

17. 2026-04-01
    listed $135,000 New 738-char remark

    Show marketing remark (756 chars)

    Charming Townhouse Near Atlanta’s Heartbeat Step into your next investment opportunity with this inviting 2-bedroom, 2.5-bathroom townhouse, just minutes from Hartsfield-Jackson Atlanta International Airport and the vibrant downtown scene! This property is an investor's paradise, offering the perfect canvas for a little TLC to unlock its full potential. Enjoy modern comforts with elegant granite countertops and ample space featuring an extra storage room for all your essentials. Whether you’re looking to live in or rent out, this gem combines convenience and charm in one of Atlanta's most sought-after locations. Don’t miss out on this chance to secure a property that radiates possibilities. Schedule your viewing today!

18. 2026-04-01
    listed $135,000 Active 756-char remark

    Show marketing remark (756 chars)

    Charming Townhouse Near Atlanta’s Heartbeat Step into your next investment opportunity with this inviting 2-bedroom, 2.5-bathroom townhouse, just minutes from Hartsfield-Jackson Atlanta International Airport and the vibrant downtown scene! This property is an investor's paradise, offering the perfect canvas for a little TLC to unlock its full potential. Enjoy modern comforts with elegant granite countertops and ample space featuring an extra storage room for all your essentials. Whether you’re looking to live in or rent out, this gem combines convenience and charm in one of Atlanta's most sought-after locations. Don’t miss out on this chance to secure a property that radiates possibilities. Schedule your viewing today!

19. 2020-02-21
    soldstatus $50,000
20. 2016-08-31
    historical
21. 2016-06-28
    status Back on Market
22. 2016-06-21
    status Under Contract
23. 2016-03-03
    status Back On Market
24. 2016-02-23
    historical
25. 2016-02-05
    price $46,000
26. 2015-11-24
    status Back On Market
27. 2015-11-24
    historical
28. 2015-08-28
    listed $51,000 New
29. 2010-07-16
    soldstatus $178,629

ⓘ 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: $2,541 · $212/mo
• Projected year-2 tax: $2,541 · $212/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 6/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,149
• − Mortgage interest: −$7,562
• − Property taxes: −$2,541
• − Insurance: −$675
• − Repairs & maintenance: −$1,452
• − Management: −$1,452
• − Depreciation: −$3,927
• Taxable income: $539
• Est. tax owed @ 24.0%: −$129
• After-tax cash flow: $2,496/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: Clayton County
• NCES district ID: 1301230
• Math proficiency: 11% ▼ -13.00%
• Reading proficiency: 20% ▼ -9.00%
• Median HH income: $42,266
• Composite: 13.41/100
• National rank: #9527
• State rank: #155 of 174 in GA

Livability — Riverdale

• Score: 70/100
• State rank: #100
• US rank: #7907

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Fulton County · 1,094,430 people
• City population: 61,126
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 79,872
• Household income: $67,023
• Rent vs Own: 41.2% rent · 58.8% own
• Severe rent burden: 4258.0

Population outlook (Clayton County) Hauer SSP2

• Today (2025): 310,777 people
• By 2030: 329,762 · +6.1%
• By 2040: 368,052 · +18.4%
• By 2050: 401,196 · +29.1%
• By 2075: 472,488 · +52.0%
• By 2100: 500,446 · +61.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (89%)
• Race & ethnicity: Black 89% Hispanic / Latino 5% Two or more races 4% White 3%
• Foreign-born: 9% · Canada
• Languages at home: 88% English-only · Spanish 6% French/Haitian/Cajun 1%

Political lean MEDSL · Clayton

• 2024 margin: Solid D (+69.2) · D 84.3% · R 15.1%
• 2008→2024 swing: +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
• All cycles: 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 18.01%
• Current HPI: 407.99
• Rent YoY: ▲ 0.95%
• 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

-24.4% since first listed

15 events — show timeline

• 2026-05-14 Pending — GAMLS
• 2026-05-14 Pending — FMLS
• 2026-04-01 Listed $135,000 FMLS
• 2026-04-01 Listed $135,000 GAMLS
• 2020-02-21 Sold (Public Records) $50,000 Public Records
• 2016-08-31 Listing Removed — GAMLS
• 2016-06-28 Relisted — GAMLS
• 2016-06-21 Pending — GAMLS
• 2016-03-03 Relisted — GAMLS
• 2016-02-23 Listing Removed — GAMLS
• 2016-02-05 Price Changed $46,000 GAMLS
• 2015-11-24 Relisted — GAMLS
• 2015-11-24 Listing Removed — GAMLS
• 2015-08-28 Listed $51,000 GAMLS
• 2010-07-16 Sold (Public Records) $178,629 Public Records

Property tax history

+4.6%/yr

Latest (2025): $2,541 · +8.5% YoY. Source: county tax records.