4227 High Park Ln · East Point, GA 30344

$175,000

3 bd · 2.5 ba · 1,504 sqft · Townhouse public records · 20 Days on market

Built 2007 1,306 sqft lot Est $173k · at est.

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Why this score? — see what drove the C 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 +22.4/30.0
• DSCR +7.2/10.0
• ARV discount +7.0/15.0
• 1% rule +5.5/10.0
• Schools +4.5/10.0
• Livability +3.6/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This is an INVESTOR SPECIAL / SINGLE FAMILY Opportunity a beautifully maintained 3-bedroom, 2.5-bath townhouse with a long term tenant the lease ends August 2026 the unit is totally electric located close to 285 with quick east access to the interstate in a desirable gated community of Highwood Park in East Point. Featuring an open-concept kitchen and living area, the home is perfect for both entertaining and everyday living. All bedrooms are conveniently located upstairs for added privacy, including a spacious primary suite with a walk-in closet. Ideally situated with easy access to major interstates, public transportation, shopping, and dining, this community is just minutes from Hartsfie

Key facts

• Gated community
• Open-concept kitchen
• Walk-in closet

Tags

• GATED COMMUNITY
• OPEN-CONCEPT KITCHEN
• WALK-IN CLOSET
• PUBLIC TRANSPORTATION
• SHOPPING
• DINING

Property features AI

Finance

• Other: Property condition: resale; Rental special listing condition
• HOA & community: Homeowners association (fees include grounds maintenance and security); Community features: gated, sidewalks, street lights, near public transport

Exterior

• Parking: Parking pad (open parking)
• Security: Gated community; Community security included in association
• Utilities: Public water; Public sewer; 220 volt electric; Cable available; Electricity available
• Home design: Attached townhouse; Residential house structure; Built in 2007
• Construction: Wood siding; Composition roof; Slab foundation
• Exterior features: Patio; Porch; Level lot

Interior

• Kitchen: Dishwasher; Disposal; Electric water heater
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Hardwood; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom (2.5 total baths)
• Heating & cooling: Central heating (electric); Central air; Ceiling fan(s)
• Interior features: Roommate plan; Walk-in closet(s); Family room; Dining room/living room combo; Two levels; Factory-built fireplace (1)
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $175k.

Deal economics

• At list price, monthly cash flow is $291 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 5.1% in East Point — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#72 in GA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Fulton County (suburban): math 49% / reading 53% proficiency, ranked #12 of 174 in GA (top 7%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Brookview Elementary School (math 10% / reading 10%, grade F, #1,076 of 1,228 statewide, top 89%, 416 students, 100% FRL); Woodland Middle School (math 14% / reading 17%, grade F, #392 of 470 statewide, top 84%, 799 students, 100% FRL); Tri-Cities High School (math 5% / reading 30%, grade F, #264 of 424 statewide, top 63%, 1,483 students, 100% FRL) — zoned schools average 100% FRL vs 41% district-wide (59 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 14% at this address vs 51% district-wide (-37 pts) — the specific schools serving this property underperform the Fulton County average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+1.4%/yr); 283 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
• This rent runs 32% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 20 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,375 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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.
5. 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.
6. 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: 1.05% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.12%
• DSCR: 1.32
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $172,960
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4137 High Park Ter	0.05mi	2/2.5 (-1)	1,485 (-1%)	1mo	$130,000	$88	90
4327 Park Gate Dr #164	0.08mi	3/2.5	1,438 (-4%)	7mo	$165,000	$115	83
4273 High Park Ln	0.07mi	3/2.5	1,512 (+0%)	23mo	$185,000	$122	76
4247 High Park Ln	0.03mi	2/2.5 (-1)	1,498 (-0%)	22mo	$145,000	$97	74

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 · 1.35% rent growth · sell at horizon

5-year hold

• IRR: -7.2%
• Equity multiple: 0.74×
• Total profit: $-12,844
• Equity at exit: $26,093

10-year hold

• IRR: 0.2%
• Equity multiple: 1.02×
• Total profit: $738
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30344

• Home prices YoY: -31.0%
• Rents YoY: 1.4%
• Active inventory: 283
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,837 high
• Mortgage (P&I): −$918
• Tax from tax record: −$170 /mo · $2,038/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$386
• Net cashflow: $291

Break-even live

Break-even rent $1,469

Max offer price $175,000

Occupancy floor 79%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4401 Stone Gate Way Atlanta, GA	3.0	2.5	1498	$1,750	$1.17	16d	1	0.02mi
4249 High Park Ln Atlanta, GA	3.0	2.5	1504	$1,650	$1.10	5d	1	0.04mi
4394 Stone Gate Way East Point, GA	3.0	2.5	1485	$1,645	$1.11	24d	1	0.05mi
— Atlanta, GA	3.0	2.5	1498	$1,750	$1.17	18d	1	0.08mi
511 Highwood Ln Atlanta, GA	3.0	2.5	1198	$1,449	$1.21	24d	1	0.10mi
511 Highwood Ln Atlanta, GA	3.0	2.5	1198	$1,449	$1.21	43d	1	0.10mi
509 Highwood Ln Atlanta, GA	3.0	2.5	1166	$1,800	$1.54	5d	1	0.10mi
1414 Canopy Dr Unit 1 East Point, GA	3.0	2.5	1660	$3,000	$1.81	24d	1	0.11mi
1410 Canopy Dr Unit 1 East Point, GA	3.0	2.5	1600	$1,600	$1.00	12d	1	0.12mi
806 Highwood Ln Atlanta, GA	3.0	2.5	1166	$1,700	$1.46	43d	1	0.13mi
1110 Highwood Ln Atlanta, GA	3.0	2.5	1166	$1,940	$1.66	24d	1	0.16mi
4031 7 Oaks Ln SW East Point, GA	2.0–3.0	1.0–2.0	1184	$1,265	$1.07	5d	1	0.29mi
4395 Washington Rd Atlanta, GA	1.0–3.0	1.0–2.5	959	$1,502	$1.57	43d	9	0.48mi
5618 Laurel Ridge Dr East Point, GA	4.0	2.5	2100	$4,500	$2.14	24d	1	0.51mi
4001 Lakemont Dr Atlanta, GA	1.0–3.0	1.0–2.5	1165	$1,489	$1.28	1d	28	0.51mi
2802 Laurel Ridge Cir Atlanta, GA	4.0	3.5	1992	$2,300	$1.15	5d	1	0.53mi
2778 Laurel Ridge Cir Atlanta, GA	3.0	2.5	1436	$1,900	$1.32	43d	1	0.55mi
2776 Laurel Ridge Cir Atlanta, GA	3.0	2.5	1436	$1,900	$1.32	5d	1	0.55mi
2826 Laurel Ridge Cir Atlanta, GA	3.0	2.5	1492	$1,900	$1.27	10d	1	0.56mi
2832 Laurel Ridge Cir Atlanta, GA	3.0	2.5	1492	$1,800	$1.21	43d	1	0.57mi
4550 Washington Rd Atlanta, GA	2.0	1.5	1350	$1,450	$1.07	43d	1	0.64mi
2900 Laurel Ridge Way East Point, GA	1.0–3.0	1.0–2.0	1028	$1,662	$1.62	10d	9	0.64mi
3200 Desert Dr Atlanta, GA	3.0	1.0–2.5	977	$1,630	$1.67	1d	15	0.70mi
2797 Aralynn Way Atlanta, GA	4.0	2.5	2100	$3,000	$1.43	43d	1	0.71mi
4555 Washington Rd Atlanta, GA	1.0–2.0	1.0–1.5	952	$1,175	$1.23	2d	15	0.71mi
4007 Garden Ln Atlanta, GA	3.0	2.5	2000	$2,900	$1.45	43d	1	0.79mi
2759 Aralynn Way Atlanta, GA	4.0	2.5	2067	$2,500	$1.21	24d	1	0.82mi
3222 Kenelworth Dr Atlanta, GA	2.0–3.0	1.5–2.5	1062	$1,550	$1.46	20d	23	0.88mi
2800 Camp Creek Pkwy Atlanta, GA	1.0–2.0	1.5	969	$1,273	$1.31	3d	9	0.94mi
4165 Williamsburg Dr Atlanta, GA	4.0	3.0	1737	$2,000	$1.15	43d	1	1.04mi
2609 Charlestown Dr Atlanta, GA	2.0–3.0	1.5–2.5	1360	$1,675	$1.23	1d	23	1.12mi
4709 Tradition Pkwy #2 Atlanta, GA	4.0	2.5	1868	$2,200	$1.18	43d	1	1.19mi
4680 Parkway Cir Atlanta, GA	3.0	2.5	1200	$2,100	$1.75	22d	1	1.22mi
4609 Hopewell Rd Atlanta, GA	3.0	2.0	1563	$2,200	$1.41	43d	1	1.23mi
3730 Will Lee Rd Atlanta, GA	3.0	2.0	1462	$1,939	$1.33	5d	1	1.24mi
4761 Highpoint Way #139 Atlanta, GA	3.0	2.5	1670	$2,500	$1.50	5d	1	1.24mi
4209 Legacy Sq Atlanta, GA	3.0	2.5	1520	$1,750	$1.15	43d	1	1.24mi
3361 The Way Pl Atlanta, GA	3.0	2.5	1968	$3,500	$1.78	43d	1	1.25mi
3369 The Way Pl Atlanta, GA	3.0	2.5	1830	$2,395	$1.31	43d	1	1.25mi
3740 Will Lee Rd Atlanta, GA	3.0	2.0	1542	$2,010	$1.30	18d	1	1.26mi

Listing history 12 events

1. 2026-06-18
   days on market $175,000 Active 20 DOM
2. 2026-06-17
   days on market $175,000 Active 19 DOM
3. 2026-06-16
   days on market $175,000 Active 18 DOM
4. 2026-06-15
   days on market $175,000 Active 17 DOM
5. 2026-06-13
   statusdays on market $175,000 Active 15 DOM
6. 2026-06-09
   days on market $175,000 New 11 DOM
7. 2026-06-08
   days on market $175,000 New 10 DOM
8. 2026-06-07
   days on market $175,000 New 9 DOM
9. 2026-06-04
   days on market $175,000 New 6 DOM
10. 2026-06-03
    days on market $175,000 New 5 DOM
11. 2026-06-01
    days on market $175,000 New 3 DOM
12. 2026-05-31
    days on market $175,000 New 2 DOM

ⓘ 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: $2,038 · $170/mo
• Projected year-2 tax: $2,038 · $170/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 ≥103°F today · 19 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

Taxation est. · year 1

• Rental income: $22,044
• − Mortgage interest: −$9,803
• − Property taxes: −$2,038
• − Insurance: −$875
• − Repairs & maintenance: −$1,764
• − Management: −$1,764
• − Depreciation: −$5,091
• Taxable income: $710
• Est. tax owed @ 24.0%: −$170
• After-tax cash flow: $3,318/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Fulton County
• NCES district ID: 1302280
• Math proficiency: 49% ▼ -2.00%
• Reading proficiency: 53% ▬ 0.00%
• Median HH income: $68,035
• Composite: 45.33/100
• National rank: #2640
• State rank: #12 of 174 in GA

Livability — East Point

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

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

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

Population outlook (Fulton County) Hauer SSP2

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

Race, ethnicity, and origin ACS 2023

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

Political lean MEDSL · Fulton

• 2024 margin: Solid D (+44.9) · D 71.9% · R 27.0% · Other 1.1%
• 2008→2024 swing: +9.8pp toward D · 2008: 35.0pp · 2024: 44.9pp
• All cycles: 2024: D+44.9 2020: D+46.4 2016: D+42.1 2012: D+29.6 2008: D+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -113.15%
• Current HPI: 251.7916
• Rent YoY: ▲ 1.35%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

1 event — show timeline

• 2026-05-28 Listed $175,000 GAMLS

Property tax history

+2.3%/yr

Latest (2025): $2,038 · -0.0% YoY. Source: county tax records.