3633 Bunker Hill Dr SW · Atlanta, GA 30331

$145,000

2 bd · 1.0 ba · 925 sqft · SingleFamily public records · 181 Days on market

Built 1955 0.27 ac lot Est $165k · 12% under

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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 +21.3/30.0
• ARV discount +12.9/15.0
• DSCR +6.8/10.0
• 1% rule +5.3/10.0
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

Key facts

• Covered parking
• Quiet community
• 0.27 acre lot

Tags

• COVERED PARKING
• QUIET COMMUNITY
• MAJOR HIGHWAYS ACCESS
• SHOPPING CENTERS ACCESS
• PUBLIC TRANSIT ACCESS

Property features AI

Exterior

• Parking: Carport with 2 spaces
• Utilities: Public water; Public sewer; Natural gas available
• Home design: One-story residence; Resale property
• Construction: Aluminum siding; Other roof type
• Exterior features: Fenced yard; Deck

Interior

• Kitchen: Eat-in kitchen; Laminate countertops; Other appliances (unspecified)
• Bedrooms: Three main-level bedrooms; Primary suite located on the main level
• Bathrooms: One full bathroom with tub/shower combo
• Heating & cooling: Natural gas heating; Cooling system (other/unspecified)
• Interior features: 9-foot ceilings on the main level; No shared/common walls; Crawl space foundation
• Laundry & utility: Laundry room with other/unspecified features

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.1% 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: Continental Colony Elementary School (math 2% / reading 2%, grade F, #1,204 of 1,228 statewide, top 100%, 371 students, 100% FRL); Ralph Bunche Middle School (math 2% / reading 12%, grade F, #449 of 470 statewide, top 97%, 824 students, 100% FRL); D. M. Therrell High School (math 5% / reading 10%, grade F, #378 of 424 statewide, top 91%, 973 students, 100% FRL) — zoned schools average 100% FRL vs 71% district-wide (29 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 6% at this address vs 32% district-wide (-26 pts) — the specific schools serving this property underperform the Atlanta Public Schools average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.6%/yr); 483 active listings in the ZIP; 12 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 181 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 10y ago; this cycle's ask has dropped $29k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $10k; list at $145k implies a 1350% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: 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 $127,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 181 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.03% ✓
• Cap rate: 8.06%
• Cash-on-cash: 6.30%
• DSCR: 1.28
• GRM: 8.1

CMA / ARV

• ARV (on-the-fly): $164,650
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3793 Stone Rd SW	0.13mi	3/1.0 (+1)	925 (0%)	9mo	$155,000	$168	82
3668 Bunker Hill Dr SW	0.07mi	2/1.0	888 (-4%)	11mo	$176,000	$198	81
3667 Bunker Hill Dr SW	0.07mi	3/1.0 (+1)	925 (0%)	21mo	$165,000	$178	74
3877 Stone Rd SW	0.22mi	3/1.0 (+1)	999 (+8%)	0mo	$70,000	$70	71
2611 Rex Ave SW	0.11mi	3/1.0 (+1)	1,054 (+14%)	4mo	$160,000	$152	63
2540 SW Rex Ave SW	0.18mi	2/1.0	1,008 (+9%)	23mo	$181,800	$180	58

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 · 2.63% rent growth · sell at horizon

5-year hold

• IRR: -7.0%
• Equity multiple: 0.74×
• Total profit: $-10,482
• Equity at exit: $21,620

10-year hold

• IRR: 2.1%
• Equity multiple: 1.15×
• Total profit: $6,091
• Equity at exit: $12,537

Cash invested: $40,600 (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 30331

• Home prices YoY: -34.2%
• Rents YoY: 2.6%
• Active inventory: 483
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $1,497 high
• Mortgage (P&I): −$760
• Tax from tax record: −$148 /mo · $1,782/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $213

Break-even live

Break-even rent $1,227

Max offer price $145,000

Occupancy floor 81%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2750 Barge Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	986	$1,936	$1.96	1d	52	0.27mi
3381 Greenbriar Pkwy SW Atlanta, GA	1.0–2.0	1.0–2.0	836	$1,416	$1.69	24d	1	0.31mi
2999 Continental Colony Pkwy SW Atlanta, GA	1.0–2.0	1.0–2.0	947	$1,429	$1.51	2d	5	0.75mi
3261 Hogan Rd SW Atlanta, GA	1.0	1.0	714	$1,104	$1.55	24d	1	0.78mi
3901 Campbellton Rd SW Unit 3901-L04 Atlanta, GA	2.0	1.5	1093	$1,140	$1.04	24d	1	0.80mi
3901 Campbellton Rd SW Unit 3909-K01 Atlanta, GA	2.0	1.5	1093	$1,199	$1.10	24d	1	0.80mi
3901 Campbellton Rd SW Unit 3909-M06 Atlanta, GA	2.0	1.5	1093	$1,150	$1.05	24d	1	0.80mi
3030 Continental Colony Pkwy SW Atlanta, GA	1.0	1.0	576	$1,125	$1.95	16d	2	0.85mi
3000 Continental Colony Pkwy SW Atlanta, GA	1.0	1.5	800	$1,200	$1.50	20d	1	0.94mi
2100 Southwood Blvd SW Atlanta, GA	1.0–2.0	1.0–2.0	942	$1,537	$1.63	1d	15	1.06mi
3540 N Camp Creek Pkwy SW Atlanta, GA	1.0–5.0	1.0–2.0	1100	$1,262	$1.15	24d	1	1.18mi
2111 Kimberly Rd SW Atlanta, GA	2.0	1.0	996	$1,600	$1.61	7d	1	1.30mi

Listing history 50 events

1. 2026-06-18
   days on market $145,000 Active 181 DOM
2. 2026-06-17
   days on market $145,000 Active 180 DOM
3. 2026-06-16
   days on market $145,000 Active 179 DOM
4. 2026-06-15
   days on market $145,000 Active 178 DOM
5. 2026-06-13
   days on market $145,000 Active 176 DOM
6. 2026-06-13
   days on market $145,000 Active 175 DOM
7. 2026-06-09
   days on market $145,000 Active 172 DOM
8. 2026-06-08
   days on market $145,000 Active 171 DOM
9. 2026-06-07
   days on market $145,000 Active 170 DOM
10. 2026-06-04
    days on market $145,000 Active 167 DOM
11. 2026-06-03
    days on market $145,000 Active 166 DOM
12. 2026-06-02
    days on market $145,000 Active 165 DOM
13. 2026-06-01
    days on market $145,000 Active 164 DOM
14. 2026-05-31
    days on market $145,000 Active 163 DOM
15. 2026-05-21
    status Back On Market 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

16. 2026-05-21
    status Active

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

17. 2026-05-10
    status Pending
18. 2026-04-29
    status Under Contract 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

19. 2026-04-29
    historical Active Under Contract

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

20. 2026-04-24
    price $145,000 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

21. 2026-04-24
    price $145,000

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

22. 2026-03-27
    price $148,000 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

23. 2026-03-27
    price $148,000

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

24. 2026-03-06
    price $151,000 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

25. 2026-03-06
    price $151,000

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

26. 2026-02-26
    status Active
27. 2026-01-30
    historical
28. 2026-01-27
    status Back On Market
29. 2026-01-26
    status Active
30. 2025-11-24
    status Under Contract
31. 2025-10-21
    status Pending
32. 2025-10-14
    historical Active Under Contract
33. 2025-10-14
    historical Active Under Contract
34. 2025-10-03
    price $154,000
35. 2025-10-03
    price $154,000
36. 2025-09-19
    price $159,000
37. 2025-09-19
    price $159,000
38. 2025-09-12
    price $163,000
39. 2025-09-12
    price $163,000
40. 2025-08-29
    price $165,000
41. 2025-08-29
    price $165,000
42. 2025-08-22
    price $169,000
43. 2025-08-22
    price $169,000
44. 2025-07-31
    listed $154,000 New 400-char remark

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

45. 2025-07-31
    listed $174,000 Active

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

46. 2025-07-31
    listed $174,000 New

    Show marketing remark (400 chars)

    This 3-bedroom, 1-bath ranch home is nestled in a quiet, well-established community in Southwest Atlanta. Cozy one-level living, charm and lots of potential for the next owner to create their dream. This home offers covered parking and sits on a nice size lot. This property is close to major highways, shopping centers, and public transit, providing excellent access to the surrounding Atlanta area.

47. 2021-07-22
    soldstatus $10,000
48. 2021-07-22
    soldstatus $10,000
49. 2018-06-21
    soldstatus $778,900
50. 2017-08-22
    historical

ⓘ 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: $1,782 · $148/mo
• Projected year-2 tax: $1,782 · $148/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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,959
• − Mortgage interest: −$8,122
• − Property taxes: −$1,782
• − Insurance: −$725
• − Repairs & maintenance: −$1,437
• − Management: −$1,437
• − Depreciation: −$4,218
• Taxable income: $238
• Est. tax owed @ 24.0%: −$57
• After-tax cash flow: $2,499/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: Fulton County · 1,094,430 people
• City population: 629,525
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 62,567
• Household income: $62,623
• Rent vs Own: 46.8% rent · 53.2% own
• Severe rent burden: 3748.0

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 (94%)
• Race & ethnicity: Black 94% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Hispanic 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 1% 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: ▼ -106.38%
• Current HPI: 204.5402
• Rent YoY: ▲ 2.63%
• 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

+752.9% since first listed

40 events — show timeline

• 2026-05-21 Relisted — GAMLS
• 2026-05-21 Relisted — FMLS
• 2026-05-10 Pending — FMLS
• 2026-04-29 Pending — GAMLS
• 2026-04-29 Contingent — FMLS
• 2026-04-24 Price Changed $145,000 GAMLS
• 2026-04-24 Price Changed $145,000 FMLS
• 2026-03-27 Price Changed $148,000 GAMLS
• 2026-03-27 Price Changed $148,000 FMLS
• 2026-03-06 Price Changed $151,000 GAMLS
• 2026-03-06 Price Changed $151,000 FMLS
• 2026-02-26 Relisted — FMLS
• 2026-01-30 Listing Removed — GAMLS
• 2026-01-27 Relisted — GAMLS
• 2026-01-26 Relisted — FMLS
• 2025-11-24 Pending — GAMLS
• 2025-10-21 Pending — FMLS
• 2025-10-14 Contingent — GAMLS
• 2025-10-14 Contingent — FMLS
• 2025-10-03 Price Changed $154,000 GAMLS
• 2025-10-03 Price Changed $154,000 FMLS
• 2025-09-19 Price Changed $159,000 GAMLS
• 2025-09-19 Price Changed $159,000 FMLS
• 2025-09-12 Price Changed $163,000 GAMLS
• 2025-09-12 Price Changed $163,000 FMLS
• 2025-08-29 Price Changed $165,000 GAMLS
• 2025-08-29 Price Changed $165,000 FMLS
• 2025-08-22 Price Changed $169,000 GAMLS
• 2025-08-22 Price Changed $169,000 FMLS
• 2025-07-31 Listed $174,000 GAMLS
• 2025-07-31 Listed $174,000 FMLS
• 2025-07-31 Listed $154,000 GAMLS
• 2021-07-22 Sold (Public Records) $10,000 Public Records
• 2021-07-22 Sold (Public Records) $10,000 Public Records
• 2018-06-21 Sold (Public Records) $778,900 Public Records
• 2017-08-22 Listing Removed — GAMLS
• 2017-01-31 Price Changed $55,000 GAMLS
• 2016-12-08 Listed $70,000 GAMLS
• 1983-03-17 Sold (Public Records) $21,900 Public Records
• 1978-12-01 Sold (Public Records) $17,000 Public Records

Property tax history

+3.1%/yr

Latest (2025): $1,782 · -4.2% YoY. Source: county tax records.