1530 Stone Gate Ln SE · Atlanta, GA 30317

$185,000

2 bd · 1.0 ba · 702 sqft · Condo public records · 21 Days on market

Built 2001 $325/mo HOA · 16% of rent

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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 +18.8/30.0
• ARV discount +7.5/15.0
• 1% rule +6.0/10.0
• DSCR +5.9/10.0
• Livability +4.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tucked inside a private gated community in the heart of Kirkwood, this updated 2-bedroom terrace condo delivers the in-town lifestyle without the in-town price tag. Step inside to vaulted ceilings, hardwood floors, and an open layout that lives much larger than 702 square feet. The kitchen flows to a private back deck framed by mature landscaping and shared green space, the kind of outdoor moment most condos at this price simply don't offer. The fully renovated bathroom is the standout, featuring a modern walk-in shower that makes daily life feel like an upgrade. The second bedroom, with its glass French doors, flexes easily as a home office, guest room, or sitting area depending on how you live. Location is the real story. You're a short walk to the Trolley Line Trail, your direct on-ramp to the Atlanta Beltline, and just minutes from Pullman Yards, where concerts, food halls, and weekend events have made this corridor one of Atlanta's most-watched. Kirkwood Village, Little 5 Points, Memorial Drive's restaurant scene, and the Eastside Beltline are all in your backyard. I-20 access keeps the commute simple. The community itself adds real value with a swimming pool, open green spaces, and a fenced dog run, amenities that typically come with a much higher monthly cost. One assigned parking space included. Move-in ready, walkable, and positioned in one of Atlanta's most connected pockets. This is the rare in-town condo that checks every box.

Key facts

• Private back deck
• Glass french doors
• $325 HOA

Tags

• PRIVATE GATED COMMUNITY
• UPDATED TERRACE CONDO
• PRIVATE BACK DECK
• FULLY RENOVATED BATHROOM
• MODERN WALK-IN SHOWER
• GLASS FRENCH DOORS

Property features AI

Finance

• Other: 66 units in the community
• HOA & community: Homeowners association with community amenities; Monthly association fee ($325); Community amenities include pool, dog park, proximity to Beltline, public transport, schools, shopping, trails/greenway

Exterior

• Parking: Assigned parking (1 space)
• Utilities: Public water; Public sewer; 110-volt electric; Cable available; Electricity available; Natural gas available; Phone available; Underground utilities
• Home design: One level; Condominium ownership; Resale property; Stucco exterior
• Construction: Stucco construction; Composition/shingle roof; Concrete perimeter foundation
• Exterior features: Private yard; Backyard wood fencing; Deck and patio; Paved road access; Sidewalks and street lights (community)

Interior

• Kitchen: Breakfast bar; Eat-in kitchen; Solid surface countertops; Open view to family room; Dishwasher; Electric range; Microwave; Refrigerator
• Bedrooms: 2 main-level bedrooms; Primary bedroom on main level
• Flooring: Hardwood floors
• Bathrooms: 1 full bathroom; Primary bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: High-speed internet available; No one above or below (no shared floor/ceiling with neighbors)
• Laundry & utility: Laundry located in bathroom

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $185k.

Deal economics

• At list price, monthly cash flow is $187 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $182k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.5% 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: Fred A. Toomer Elementary School (math 8% / reading 22%, grade F, #988 of 1,228 statewide, top 81%, 512 students, 56% FRL); Martin L. King Jr. Middle School (math 16% / reading 23%, grade F, #356 of 470 statewide, top 78%, 818 students, 100% FRL); Maynard Jackson High School (math 30% / reading 24%, grade F, #160 of 424 statewide, top 38%, 1,474 students, 44% FRL) — zoned schools at 67% FRL track the district average.
• Market conditions: Rents soft (-2.1%/yr); 160 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,240 units permitted in DeKalb County in 2024 (385 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.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y 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.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,225 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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 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: 1.10% ✓
• Cap rate: 7.50%
• Cash-on-cash: 4.32%
• DSCR: 1.19
• GRM: 7.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.3%
• Equity multiple: 0.54×
• Total profit: $-23,934
• Equity at exit: $27,584

10-year hold

• IRR: -10.5%
• Equity multiple: 0.46×
• Total profit: $-28,084
• Equity at exit: $15,995

Cash invested: $51,800 (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 30317

• Rents YoY: -2.1%
• Active inventory: 160
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,033 high
• Mortgage (P&I): −$970
• Tax from tax record: −$47 /mo · $563/yr
• Insurance: −$77
• HOA: −$325
• Vacancy / Maint / Mgmt: −$427
• Net cashflow: $187

Break-even live

Break-even rent $1,796

Max offer price $185,000

Occupancy floor 86%

Sensitivity live

Price	-10% $291	-5% $239	+0% $187	+5% $134	+10% $82
Rent	-10% $26	-5% $106	+0% $187	+5% $267	+10% $347
Rate	-1.0pp $280	-0.5pp $234	base $187	+0.5pp $139	+1.0pp $90

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
277 Clifton St SE Atlanta, GA	1.0–3.0	1.0–3.5	1175	$2,668	$2.27	1d	6	0.24mi
9 Clay St SE Atlanta, GA	2.0	1.0	700	$1,299	$1.86	18d	1	0.34mi
105 Rogers St NE Atlanta, GA	2.0	1.0–2.0	863	$2,544	$2.95	1d	26	0.58mi
71 Howard St SE Atlanta, GA	1.0–2.0	1.0–2.0	1031	$2,611	$2.53	3d	9	0.61mi
1357 Finley St NE Unit C Atlanta, GA	2.0	1.0	600	$1,495	$2.49	1d	1	0.72mi
1351 Finley St NE Atlanta, GA	2.0	2.0	750	$2,150	$2.87	26d	1	0.73mi
250 Arizona Ave NE Atlanta, GA	1.0–2.0	1.0–2.5	1124	$2,768	$2.46	1d	4	0.80mi
285 Mayson Ave NE Atlanta, GA	2.0	1.0–2.0	943	$3,402	$3.61	0d	23	0.88mi
195 Flora Ave NE Apt B Atlanta, GA	1.0	1.0	640	$1,695	$2.65	1d	1	0.88mi
255 Connecticut Ave NE Unit A Atlanta, GA	1.0	1.0	618	$1,750	$2.83	26d	1	0.88mi
1450 La France St NE Atlanta, GA	3.0	1.0–2.0	792	$2,370	$2.99	0d	20	0.90mi
190 Kirkwood Rd NE Apt E1 Atlanta, GA	1.0	1.0	600	$1,195	$1.99	1d	1	0.91mi
212 Kirkwood Rd NE Apt 4 Atlanta, GA	1.0	1.0	425	$1,250	$2.94	1d	1	0.95mi
212 Kirkwood Rd NE Apt 4 Atlanta, GA	1.0	1.0	425	$1,250	$2.94	26d	1	0.95mi
144 Moreland Ave NE Atlanta, GA	2.0	1.0–2.0	895	$2,326	$2.60	0d	17	1.03mi
1063 Kirkwood Ave SE Atlanta, GA	2.0	1.0	600	$1,700	$2.83	26d	1	1.06mi
401 Clifton Rd NE Apt 3 Atlanta, GA	1.0	1.0	750	$1,350	$1.80	13d	1	1.11mi
390 Stovall St SE Atlanta, GA	2.0	1.0–2.0	978	$1,864	$1.90	0d	11	1.12mi
1084 Sanders Ave SE Unit B Atlanta, GA	1.0	1.0	650	$2,350	$3.62	20d	1	1.13mi
2044 DeKalb Ave NE Unit 2054-L Atlanta, GA	1.0	1.0	550	$975	$1.77	26d	1	1.22mi
982 Memorial Dr SE Atlanta, GA	2.0	1.0–2.0	682	$2,355	$3.45	26d	17	1.23mi
1338 McLendon Ave NE Unit 11 Atlanta, GA	1.0	1.0	650	$1,325	$2.04	17d	1	1.25mi
940 Mauldin St SE Atlanta, GA	1.0	1.0	550	$1,795	$3.26	26d	1	1.29mi
940 Mauldin St SE Atlanta, GA	2.0	2.0	750	$2,495	$3.33	1d	1	1.29mi
230 Bill Kennedy Way SE Atlanta, GA	2.0	1.0–2.5	1062	$3,400	$3.20	0d	42	1.31mi
2201 Glenwood Ave SE Atlanta, GA	2.0	1.0–2.0	819	$2,699	$3.30	22d	5	1.33mi
487 Lakeshore Dr NE #2 Atlanta, GA	1.0	1.0	750	$1,475	$1.97	26d	1	1.39mi
1160 Gracewood Ave SE Unit 111 Atlanta, GA	1.0	1.0	636	$1,250	$1.97	1d	1	1.41mi
1160 Gracewood Ave SE Unit 111 Atlanta, GA	1.0	1.0	636	$1,250	$1.97	9d	1	1.41mi
1160 Gracewood Ave SE Unit 202 Atlanta, GA	1.0	1.0	640	$1,650	$2.58	9d	1	1.41mi
1160 Gracewood Ave SE Unit 202 Atlanta, GA	1.0	1.0	640	$1,650	$2.58	4d	1	1.41mi
1054 Euclid Ave NE Unit CH Atlanta, GA	1.0	1.0	650	$3,200	$4.92	24d	1	1.45mi
1065 Washita Ave NE Unit B Atlanta, GA	2.0	1.0	750	$3,200	$4.27	24d	1	1.48mi
925 Garrett St SE #318 Atlanta, GA	1.0	1.0	610	$1,900	$3.11	4d	1	1.50mi

HOA detail condo

• Monthly dues: $325 · $3,900/yr
• Likely covers: landscapingpoolsecurityparking
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 18 events

1. 2026-06-13
   statusdays on market $185,000 Pending 21 DOM
2. 2026-06-09
   days on market $185,000 Active Under Contract 19 DOM
3. 2026-06-08
   days on market $185,000 Active Under Contract 18 DOM
4. 2026-06-07
   days on market $185,000 Active Under Contract 17 DOM
5. 2026-06-04
   days on market $185,000 Active Under Contract 14 DOM
6. 2026-06-03
   days on market $185,000 Active Under Contract 13 DOM
7. 2026-06-02
   statusdays on market $185,000 Active Under Contract 12 DOM

   Show marketing remark (1466 chars)

   Tucked inside a private gated community in the heart of Kirkwood, this updated 2-bedroom terrace condo delivers the in-town lifestyle without the in-town price tag. Step inside to vaulted ceilings, hardwood floors, and an open layout that lives much larger than 702 square feet. The kitchen flows to a private back deck framed by mature landscaping and shared green space, the kind of outdoor moment most condos at this price simply don't offer. The fully renovated bathroom is the standout, featuring a modern walk-in shower that makes daily life feel like an upgrade. The second bedroom, with its glass French doors, flexes easily as a home office, guest room, or sitting area depending on how you live. Location is the real story. You're a short walk to the Trolley Line Trail, your direct on-ramp to the Atlanta Beltline, and just minutes from Pullman Yards, where concerts, food halls, and weekend events have made this corridor one of Atlanta's most-watched. Kirkwood Village, Little 5 Points, Memorial Drive's restaurant scene, and the Eastside Beltline are all in your backyard. I-20 access keeps the commute simple. The community itself adds real value with a swimming pool, open green spaces, and a fenced dog run, amenities that typically come with a much higher monthly cost. One assigned parking space included. Move-in ready, walkable, and positioned in one of Atlanta's most connected pockets. This is the rare in-town condo that checks every box.

8. 2026-06-01
   days on market $185,000 Active 11 DOM
9. 2026-05-31
   days on market $185,000 Active 10 DOM
10. 2026-05-21
    listed $185,000 Active

    Show marketing remark (1466 chars)

    Tucked inside a private gated community in the heart of Kirkwood, this updated 2-bedroom terrace condo delivers the in-town lifestyle without the in-town price tag. Step inside to vaulted ceilings, hardwood floors, and an open layout that lives much larger than 702 square feet. The kitchen flows to a private back deck framed by mature landscaping and shared green space, the kind of outdoor moment most condos at this price simply don't offer. The fully renovated bathroom is the standout, featuring a modern walk-in shower that makes daily life feel like an upgrade. The second bedroom, with its glass French doors, flexes easily as a home office, guest room, or sitting area depending on how you live. Location is the real story. You're a short walk to the Trolley Line Trail, your direct on-ramp to the Atlanta Beltline, and just minutes from Pullman Yards, where concerts, food halls, and weekend events have made this corridor one of Atlanta's most-watched. Kirkwood Village, Little 5 Points, Memorial Drive's restaurant scene, and the Eastside Beltline are all in your backyard. I-20 access keeps the commute simple. The community itself adds real value with a swimming pool, open green spaces, and a fenced dog run, amenities that typically come with a much higher monthly cost. One assigned parking space included. Move-in ready, walkable, and positioned in one of Atlanta's most connected pockets. This is the rare in-town condo that checks every box.

11. 2026-05-21
    listed $185,000 New 1466-char remark

    Show marketing remark (1466 chars)

    Tucked inside a private gated community in the heart of Kirkwood, this updated 2-bedroom terrace condo delivers the in-town lifestyle without the in-town price tag. Step inside to vaulted ceilings, hardwood floors, and an open layout that lives much larger than 702 square feet. The kitchen flows to a private back deck framed by mature landscaping and shared green space, the kind of outdoor moment most condos at this price simply don't offer. The fully renovated bathroom is the standout, featuring a modern walk-in shower that makes daily life feel like an upgrade. The second bedroom, with its glass French doors, flexes easily as a home office, guest room, or sitting area depending on how you live. Location is the real story. You're a short walk to the Trolley Line Trail, your direct on-ramp to the Atlanta Beltline, and just minutes from Pullman Yards, where concerts, food halls, and weekend events have made this corridor one of Atlanta's most-watched. Kirkwood Village, Little 5 Points, Memorial Drive's restaurant scene, and the Eastside Beltline are all in your backyard. I-20 access keeps the commute simple. The community itself adds real value with a swimming pool, open green spaces, and a fenced dog run, amenities that typically come with a much higher monthly cost. One assigned parking space included. Move-in ready, walkable, and positioned in one of Atlanta's most connected pockets. This is the rare in-town condo that checks every box.

12. 2021-08-16
    soldstatus $171,000 Closed 884-char remark

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

13. 2021-08-16
    soldstatus $171,000 Sold

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

14. 2021-07-25
    status Pending 884-char remark

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

15. 2021-07-19
    historical Active Under Contract 884-char remark

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

16. 2021-07-19
    status Under Contract

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

17. 2021-07-15
    listed $152,000 Active 884-char remark

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

18. 2021-07-15
    listed $152,000 New

    Show marketing remark (884 chars)

    Check out the 3D virtual tour! Adorable terrace condo in a private gated community in Kirkwood features a swimming pool, lovely open green spaces, and a fenced dog run. This adorable 2 bed 1 bath bungalow has beautiful hardwood floors, vaulted ceilings, open floor plan and eat-in counter in the kitchen which leads to the private back deck surrounded by gorgeous landscaping and common area green space that's like your very own back yard! The second bedroom features glass French doors allowing the room to be used as a bedroom or living space. A great location close to Kirkwood Village, Little 5 Points, Caroline St. Shopping, and the Memorial Drive corridor’s many restaurants and shops. A short drive to the Beltline’s East and South side trails, and so much more. Includes one assigned parking space. Easy access to I-20 for commuting. All appliances are included.

ⓘ 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: $563 · $47/mo
• Projected year-2 tax: $1,702 · $142/mo
• Expected delta: +$1,139/yr (+$95/mo · 202.4%)

ⓘ 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 · 18 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% 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: $24,391
• − Mortgage interest: −$10,363
• − Property taxes: −$563
• − Insurance: −$925
• − Repairs & maintenance: −$1,951
• − Management: −$1,951
• − HOA: −$3,900
• − Depreciation: −$5,382
• Taxable loss: −$644
• Est. tax savings @ 24.0%: +$155
• After-tax cash flow: $2,394/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Atlanta, GA
• County: Dekalb County · 782,738 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 15,622
• Household income: $107,955
• Rent vs Own: 32.7% rent · 67.3% own
• Severe rent burden: 486.0

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: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 49% Black 34% Two or more races 9% Hispanic / Latino 8% Asian 2%
• Hispanic origin (detail): Mexican 2% Cuban 1% Dominican 2%
• Common ancestry: Italian 3% Serbian 2% Slovak 2%
• Foreign-born: 5% · Canada, Jamaica
• Languages at home: 91% English-only · Spanish 6%

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: ▼ -447.69%
• Current HPI: 328.6186
• Rent YoY: ▼ -2.12%
• 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

+21.7% since first listed

13 events — show timeline

• 2026-06-12 Pending — FMLS
• 2026-06-10 Pending — GAMLS
• 2026-06-02 Contingent — GAMLS
• 2026-06-02 Contingent — FMLS
• 2026-05-21 Listed $185,000 GAMLS
• 2026-05-21 Listed $185,000 FMLS
• 2021-08-16 Sold (MLS) $171,000 GAMLS
• 2021-08-16 Sold (MLS) $171,000 FMLS
• 2021-07-25 Pending — FMLS
• 2021-07-19 Contingent — FMLS
• 2021-07-19 Pending — GAMLS
• 2021-07-15 Listed $152,000 GAMLS
• 2021-07-15 Listed $152,000 FMLS

Property tax history

-4.6%/yr

Latest (2020): $563 · +1.4% YoY. Source: county tax records.