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6340 Tahoe Dr
C- Composite 50.89
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 +11.2/30.0
  • ARV discount +10.9/15.0
  • Appreciation +10.0/10.0
  • Schools +4.5/10.0
  • 1% rule +3.3/10.0
  • DSCR +3.3/10.0
  • Rent growth +2.7/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$240,000

6340 Tahoe Dr · South Fulton, GA 30349
3 bd · 2.0 ba · 1,260 sqft · SingleFamily public records · 33 Days on market
Built 1972 0.29 ac lot $190/sqft · 10% above area Est $259k · 7% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Back on Market - Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you'll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport - perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem - the perfect place to call your first home or a smart investment opportunity. Don't miss out on this wonderful opportunity to own a fully renovated property in a prime location.

Key facts

  • 0.29 acre lot
  • 3 parking spots
  • Built 1972

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $-552 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $160k (33.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (17.3% below list).
  • Recommended offer: $160k (33.3% below list) — sets the bar for cash-flow.
  • Cap rate 5.8% vs local median 4.6% in South Fulton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
  • 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.
  • Market conditions: Rents flat; 651 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).
  • This rent runs 36% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
  • Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 33 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts 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 $149k; list at $240k implies a 61% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: flood insurance adds $460/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); major wind risk, 27% 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 $160,155 (33.3% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
  3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
0.83%
Cap rate
5.84%
Cash-on-cash
-1.63%
DSCR
0.93
GRM
10.1

CMA / ARV

ARV (median comp)
$259,373
List price
$240,000
Delta
-7.47%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3400 Flat Shoals Rd 0.40mi 3/2.0 1,238 (-2%) 8mo $140,000 $113 71
3045 Flat Shoals Rd 0.38mi 2/2.0 (-1) 1,200 (-5%) 13mo $215,000 $179 59
3510 Leisure Ln 0.62mi 3/2.0 1,297 (+3%) 18mo $205,000 $158 51
3420 Leisure Ln 0.55mi 3/2.0 1,388 (+10%) 11mo $225,000 $162 48
2960 Harper Valley Dr 0.67mi 4/2.0 (+1) 1,081 (-14%) 0mo $265,000 $245 40
245 Adena Ln W 0.75mi 4/2.0 (+1) 1,348 (+7%) 13mo $230,000 $171 38
2950 Harper Valley Dr 0.68mi 3/2.0 1,367 (+8%) 20mo $155,000 $113 38

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
16.8%
Equity multiple
2.37×
Total profit
$91,869
Equity at exit
$216,211
10-year hold
IRR
15.5%
Equity multiple
5.34×
Total profit
$291,324
Equity at exit
$466,267

Cash invested: $67,200 (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.

ZIP-level market 30349

Home prices YoY
4.6%
Rents YoY
0.9%
Active inventory
651
Price-to-rent
10.1×

Monthly cashflow live

Estimated rent
$1,984 high interval (Pro) →
Mortgage (P&I)
$1,259
Tax est. 1.5%
$300 /mo · $3,600/yr
Insurance
$100
Flood insurance flood zone
−$460 /mo · $5,525/yr
HOA
$0
Vacancy / Maint / Mgmt
$417
Net cashflow
$-552

Break-even live

Break-even rent $2,682
Max offer price $160,155
Occupancy floor

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
$60,000
Closing costs
$7,200
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3240 Devilla Trce South Fulton, GA 4.0 2.0 1616 $1,980 $1.23 44d 1 0.09mi
6415 El Caudillo Ct Atlanta, GA 3.0 3.0 1498 $2,800 $1.87 5d 1 0.17mi
2560 Foxlair Trl Atlanta, GA 4.0 2.0 1485 $1,795 $1.21 24d 1 0.38mi
6575 Smoke Ridge Dr Atlanta, GA 4.0 2.0 1808 $1,815 $1.00 44d 1 0.61mi
325 Pointer Ct Atlanta, GA 3.0 2.0 1474 $1,620 $1.10 5d 1 0.62mi
3457 Sumersbe Ct Atlanta, GA 3.0 2.5 1800 $2,300 $1.28 5d 1 0.63mi
6345 Peppermill Ln Atlanta, GA 3.0 2.5 1224 $1,800 $1.47 44d 1 0.67mi
3500 Keels Ln Atlanta, GA 3.0 2.0 1272 $1,755 $1.38 2d 1 0.69mi
6230 Cedar Wood Dr Atlanta, GA 3.0 2.0 1238 $1,694 $1.37 44d 1 0.70mi
6440 Connell Rd Atlanta, GA 3.0 2.0 1391 $1,695 $1.22 24d 1 0.75mi
6445 Connell Rd Atlanta, GA 3.0 2.0 1357 $1,856 $1.37 44d 1 0.79mi
6450 Peppermill Ln Atlanta, GA 4.0 2.0 1188 $1,531 $1.29 24d 1 0.80mi
6500 Connell Rd Atlanta, GA 3.0 2.0 1483 $1,650 $1.11 24d 1 0.84mi
3760 Cedar Hurst Way Atlanta, GA 4.0 2.5 1595 $2,150 $1.35 10d 1 0.86mi
2865 Spruce Point Rd Atlanta, GA 4.0 2.0 1050 $1,910 $1.82 44d 1 0.89mi
3105 Garnet Way Atlanta, GA 3.0 2.0 1470 $1,660 $1.13 13d 1 0.92mi
3800 Leisure Ln Atlanta, GA 3.0 2.0 1198 $2,350 $1.96 22d 1 0.97mi
6560 Emerald Pointe Cir Atlanta, GA 3.0 2.0 1309 $1,500 $1.15 22d 1 1.03mi
6120 Hemperly Rd Atlanta, GA 4.0 2.5 1770 $2,100 $1.19 24d 1 1.04mi
6120 Hemperly Rd Atlanta, GA 4.0 2.5 1770 $2,100 $1.19 4d 1 1.04mi
5750 Buffington Rd Atlanta, GA 1.0–3.0 1.0–2.0 1142 $1,702 $1.49 2d 19 1.05mi
2820 Greenbower Ct Atlanta, GA 3.0 2.0 1338 $1,730 $1.29 4d 1 1.09mi
855 Old Rocky Rd Atlanta, GA 3.0 2.0 1310 $1,710 $1.31 24d 1 1.10mi
5740 Buffington Rd Atlanta, GA 1.0–3.0 1.0–2.5 964 $2,149 $2.23 3d 16 1.13mi
3477 Carriage Chase Rd Atlanta, GA 4.0 3.0 1545 $2,000 $1.29 24d 1 1.13mi
6090 Emerald Pointe Cir Atlanta, GA 3.0 2.0 1200 $1,875 $1.56 19d 1 1.17mi
6056 Carriage Ct Atlanta, GA 3.0 2.0 1400 $1,599 $1.14 5d 1 1.18mi
320 Emerald Green Ct Atlanta, GA 3.0 2.0 1575 $2,050 $1.30 44d 1 1.24mi
2667 Rocky Ct Atlanta, GA 3.0 2.5 1432 $2,200 $1.54 44d 1 1.24mi
3514 Devon Chase Rd Atlanta, GA 3.0 2.0 1540 $1,720 $1.12 44d 1 1.24mi
2592 Rocky Ct Atlanta, GA 2.0 2.5 1424 $2,000 $1.40 44d 1 1.27mi
5825 Vernier Dr Atlanta, GA 3.0 2.0 1346 $1,615 $1.20 21d 1 1.29mi
5825 Vernier Dr Atlanta, GA 3.0 2.0 1346 $1,615 $1.20 44d 1 1.29mi
5825 Vernier Dr Atlanta, GA 3.0 2.0 1346 $1,615 $1.20 5d 1 1.29mi
5825 Vernier Dr Atlanta, GA 3.0 2.0 1346 $1,615 $1.20 24d 1 1.29mi
6278 Rockaway Rd Atlanta, GA 3.0 2.5 1524 $2,000 $1.31 44d 1 1.31mi
6770 Buffington Rd Union City, GA 1.0–3.0 1.0–2.0 950 $1,699 $1.79 2d 24 1.33mi
3022 Sable Run Rd Atlanta, GA 3.0 2.5 1748 $1,955 $1.12 4d 1 1.34mi
3027 Sable Run Rd Atlanta, GA 3.0 3.0 1808 $2,080 $1.15 44d 1 1.34mi
7045 Birling Dr Atlanta, GA 4.0 3.0 1488 $1,765 $1.19 44d 1 1.35mi

Listing history 18 events

  1. 2026-06-03
    status $240,000 Pending 33 DOM
  2. 2026-06-01
    days on market $240,000 Active Under Contract 33 DOM
  3. 2026-05-31
    days on market $240,000 Active Under Contract 32 DOM
  4. 2026-05-12
    status Back On Market 1453-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  5. 2026-05-12
    status Active 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  6. 2026-05-07
    status Pending 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  7. 2026-05-02
    status Under Contract 1453-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  8. 2026-05-02
    historical Active Under Contract 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  9. 2026-04-23
    listed $240,000 Active 1487-char remark
    Show marketing remark (1453 chars)

    Back on Market - Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you'll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport - perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem - the perfect place to call your first home or a smart investment opportunity. Don't miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  10. 2026-04-23
    listed $240,000 New 1453-char remark
    Show marketing remark (1453 chars)

    Back on Market - Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you'll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport - perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem - the perfect place to call your first home or a smart investment opportunity. Don't miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  11. 2026-04-21
    historical $240,000 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  12. 2026-04-21
    listed $240,000 Active 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  13. 2026-04-20
    historical $240,000 1453-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  14. 2026-04-20
    historical $240,000 1487-char remark
    Show marketing remark (1487 chars)

    Back on Market – Buyer Financing Fell Through. Discover this beautifully fully renovated 3-bedroom, 2-bathroom ranch-style home located at 6340 Tahoe Drive, Atlanta, GA 30349. This property has been completely updated from top to bottom, offering peace of mind with brand-new plumbing, a new electrical system, a new HVAC unit with new ductwork, and a brand-new roof. From the moment you walk in, you’ll notice its unique modern style featuring elegant LVP flooring throughout, stunning granite countertops, new kitchen and bathroom cabinets, as well as new windows and doors that enhance both efficiency and contemporary appeal. Every detail has been thoughtfully upgraded, making this home truly move-in ready. Conveniently located in South Atlanta, the property is just minutes from Hartsfield-Jackson Atlanta International Airport — perfect for frequent travelers. It is also close to Camp Creek Marketplace, offering shopping, grocery stores like Publix Super Market at Camp Creek Marketplace, and popular dining options such as Chick-fil-A Camp Creek Parkway. Nearby schools include Stonewall Tell Elementary School, Renaissance Middle School, and Westlake High School, making it a great option for families. This home is in excellent condition and truly a hidden gem — the perfect place to call your first home or a smart investment opportunity. Don’t miss out on this wonderful opportunity to own a fully renovated property in a prime location.

  15. 2025-12-02
    soldstatus $149,000
  16. 2025-11-10
    soldstatus $105,000
  17. 2025-09-09
    soldstatus $80,000
  18. 1987-03-18
    soldstatus $70,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone AE · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 18 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,806
− Mortgage interest
−$13,444
− Property taxes
−$3,600
− Insurance
−$6,725
− Repairs & maintenance
−$1,904
− Management
−$1,904
− Depreciation
−$6,982
Taxable loss
−$10,754
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,581
After-tax cash flow
$-4,041/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 — South Fulton

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
South Fulton, GA
County
Fulton County · 1,094,430 people
City population
127,674
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 (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 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 · 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
▲ 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

Price history

+242.9% since first listed
15 events — show timeline
  • 2026-05-12 Relisted GAMLS
  • 2026-05-12 Relisted FMLS
  • 2026-05-07 Pending FMLS
  • 2026-05-02 Pending GAMLS
  • 2026-05-02 Contingent FMLS
  • 2026-04-23 Listed $240,000 FMLS
  • 2026-04-23 Listed $240,000 GAMLS
  • 2026-04-21 Coming Soon $240,000 FMLS
  • 2026-04-21 Listed $240,000 FMLS
  • 2026-04-20 Coming Soon $240,000 GAMLS
  • 2026-04-20 Coming Soon $240,000 FMLS
  • 2025-12-02 Sold (Public Records) $149,000 Public Records
  • 2025-11-10 Sold (Public Records) $105,000 Public Records
  • 2025-09-09 Sold (Public Records) $80,000 Public Records
  • 1987-03-18 Sold (Public Records) $70,000 Public Records

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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