1625 Conley Rd #171 · Conley, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 6/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 23.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 4 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Condition / age +3.8/5.0
- Livability +3.1/5.0
- Rent growth +2.5/5.0
- Schools +1.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$79,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautiful Townhouse in a gated community has been updated with new paint throughout. Unfinished basement/bonus room (new owner can use your imagination) can be a game, media room or office, and a room that can be used as a 3rd bedroom. Laundry room also in basement which allows access to exterior. Kitchen has French doors that lead to small balcony. Upstairs boast 2 bedrooms and a full-sized bathroom with an exposed vanity area. Monthly carrying fees of $652 that cover property taxes, insurance, HVAC, water heater and furnace maintenance, gas, water, roof and ground maintenance. Just steps from MARTA bus line transportation making commuting around Atlanta a breeze. The property is also conveniently located only 15 minutes from Hartsfield-Jackson Atlanta Airport making it exceptional accessibility for frequent travelers. This property is perfect for a first-time home buyers or someone looking to downsize and anyone ready to own "Shares"...NO INVESTORS, OWNER OCCUPANCY ONLY. IN-HOUSE FINANCING AVAILABLE
Key facts
- Built 1972
- Listed 213 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath townhouse listed at $79k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $619 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $79k).
- Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
- Cap rate 15.7% vs local median 5.6% in Conley — 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 62/100 on livability (#299 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, schools F, amenities F.
- Clayton County (suburban): math 11% / reading 20% proficiency, ranked #155 of 174 in GA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 49 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 865 units permitted in Clayton County in 2024 (448 in 5+ unit buildings).
- This rent runs 34% of the median local income ($52k/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 $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Clayton County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 214 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts; this cycle's ask has dropped $4k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 214 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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.
- 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.
- 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
- 1.87% ✓
- Cap rate
- 15.69%
- Cash-on-cash
- 33.57%
- DSCR
- 2.49
- GRM
- 4.5
CMA / ARV
- ARV (median comp)
- $66,616
- List price
- $79,000
- Delta
- 18.59%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1625 Conley Rd #181 | 0.04mi | 2/1.5 (-1) | 950 (-0%) | 2mo | $75,000 | $79 | 92 |
| 1625 Conley Rd #83 | 0.03mi | 2/1.5 (-1) | 950 (-0%) | 6mo | $80,000 | $84 | 88 |
| 1625 Conley Rd #270 | 0.06mi | 2/1.5 (-1) | 980 (+3%) | 11mo | $65,000 | $66 | 78 |
| 1625 Conley Rd #138 | 0.10mi | 2/1.5 (-1) | 950 (-0%) | 15mo | $59,000 | $62 | 77 |
| 1625 Conley Rd #48 | 0.05mi | 2/1.5 (-1) | 960 (+1%) | 17mo | $65,000 | $68 | 77 |
| 1625 Conley Rd | 0.06mi | 2/1.5 (-1) | 960 (+1%) | 17mo | $65,000 | $68 | 76 |
| 1625 # Conley Rd #44 | 0.04mi | 2/1.5 (-1) | 972 (+2%) | 22mo | $62,500 | $64 | 71 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 28.9%
- Equity multiple
- 2.20×
- Total profit
- $26,632
- Equity at exit
- $11,779
- IRR
- 36.3%
- Equity multiple
- 4.35×
- Total profit
- $74,028
- Equity at exit
- $6,830
Cash invested: $22,120 (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
ZIP-level market 30288
- Home prices YoY
- -12.9%
- Active inventory
- 49
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,474 high interval (Pro) →
- Mortgage (P&I)
- −$414
- Tax est. 1.5%
- −$99 /mo · $1,185/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$310
- Net cashflow
- $619
Break-even live
Sensitivity live
| Price | -10% $673 | -5% $646 | +0% $619 | +5% $591 | +10% $564 |
|---|---|---|---|---|---|
| Rent | -10% $502 | -5% $561 | +0% $619 | +5% $677 | +10% $735 |
| Rate | -1.0pp $659 | -0.5pp $639 | base $619 | +0.5pp $598 | +1.0pp $577 |
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
- $19,750
- Closing costs
- $2,370
- 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 18 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1365 Conley Rd Ofc B-02 Conley, GA | 2.0 | 1.0 | 825 | $995 | $1.21 | 16d | 1 | 0.63mi |
| 1365 Conley Rd Apt F8 Conley, GA | 2.0 | 1.0 | 825 | $1,125 | $1.36 | 6d | 1 | 0.64mi |
| 1365 Conley Rd Unit F-07 Conley, GA | 2.0 | 1.0 | 825 | $1,125 | $1.36 | 44d | 1 | 0.64mi |
| 1365 Conley Rd Unit B-08 Conley, GA | 2.0 | 1.0 | 825 | $995 | $1.21 | 44d | 1 | 0.64mi |
| 4308 Sheppard Dr Conley, GA | 3.0 | 2.0 | 1075 | $1,850 | $1.72 | 44d | 1 | 0.75mi |
| 1381 Oakview Cir Forest Park, GA | 3.0 | 1.0 | 1028 | $1,500 | $1.46 | 25d | 1 | 0.77mi |
| 1381 Oakview Cir Forest Park, GA | 3.0 | 1.0 | 1028 | $1,500 | $1.46 | 44d | 1 | 0.77mi |
| 1466 Rock Cut Rd Forest Park, GA | 1.0–2.0 | 1.0 | 685 | $1,100 | $1.61 | 18d | 9 | 0.85mi |
| 4419 Richard Rd Conley, GA | 3.0 | 2.0 | 864 | $1,700 | $1.97 | 44d | 1 | 0.94mi |
| 1409 Rock Cut Rd Forest Park, GA | 1.0–2.0 | 1.0 | 875 | $1,100 | $1.26 | 44d | 1 | 0.98mi |
| 1409 Rock Cut Rd Forest Park, GA | 2.0 | 1.0 | 960 | $900 | $0.94 | 13d | 1 | 0.98mi |
| 1409 Rock Cut Rd Forest Park, GA | 2.0 | 1.0 | 960 | $900 | $0.94 | 11d | 1 | 0.98mi |
| 1409 Rock Cut Rd Forest Park, GA | 2.0 | 1.0 | 960 | $900 | $0.94 | 2d | 1 | 1.00mi |
| 4446 Falcon Ct Conley, GA | 3.0 | 1.5 | 1025 | $1,600 | $1.56 | 5d | 1 | 1.01mi |
| 4589 Ryan Rd Conley, GA | 3.0 | 1.5 | 875 | $3,900 | $4.46 | 44d | 1 | 1.25mi |
| 1131 Stoneybrook Rd Forest Park, GA | 3.0 | 1.0 | 1053 | $3,400 | $3.23 | 44d | 1 | 1.29mi |
| 1122 Elaine Dr Forest Park, GA | 2.0 | 1.0 | 800 | $1,700 | $2.12 | 5d | 1 | 1.35mi |
| 3450 Forrest Park Rd SE Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1002 | $1,537 | $1.53 | 25d | 11 | 1.41mi |
Listing history 32 events
-
2026-06-18days on market $79,000 Active 214 DOM
-
2026-06-17days on market $79,000 Active 213 DOM
-
2026-06-16days on market $79,000 Active 212 DOM
-
2026-06-15days on market $79,000 Active 211 DOM
-
2026-06-13statusdays on market $79,000 Active 209 DOM
-
2026-06-09days on market $79,000 Active Under Contract 205 DOM
-
2026-06-08days on market $79,000 Active Under Contract 204 DOM
-
2026-06-07days on market $79,000 Active Under Contract 203 DOM
-
2026-06-04days on market $79,000 Active Under Contract 200 DOM
-
2026-06-03days on market $79,000 Active Under Contract 199 DOM
-
2026-06-02days on market $79,000 Active Under Contract 198 DOM
-
2026-06-01days on market $79,000 Active Under Contract 197 DOM
-
2026-05-31days on market $79,000 Active Under Contract 196 DOM
-
2026-04-10price $79,000 1027-char remark
Show marketing remark (1027 chars)
Beautiful Townhouse in a gated community has been updated with new paint throughout. Unfinished basement/bonus room (new owner can use your imagination) can be a game, media room or office, and a room that can be used as a 3rd bedroom. Laundry room also in basement which allows access to exterior. Kitchen has French doors that lead to small balcony. Upstairs boast 2 bedrooms and a full-sized bathroom with an exposed vanity area. Monthly carrying fees of $652 that cover property taxes, insurance, HVAC, water heater and furnace maintenance, gas, water, roof and ground maintenance. Just steps from MARTA bus line transportation making commuting around Atlanta a breeze. The property is also conveniently located only 15 minutes from Hartsfield-Jackson Atlanta Airport making it exceptional accessibility for frequent travelers. This property is perfect for a first-time home buyers or someone looking to downsize and anyone ready to own "Shares"...NO INVESTORS, OWNER OCCUPANCY ONLY. IN-HOUSE FINANCING AVAILABLE
-
2025-11-17$83,500 New 1027-char remark
Show marketing remark (1027 chars)
Beautiful Townhouse in a gated community has been updated with new paint throughout. Unfinished basement/bonus room (new owner can use your imagination) can be a game, media room or office, and a room that can be used as a 3rd bedroom. Laundry room also in basement which allows access to exterior. Kitchen has French doors that lead to small balcony. Upstairs boast 2 bedrooms and a full-sized bathroom with an exposed vanity area. Monthly carrying fees of $652 that cover property taxes, insurance, HVAC, water heater and furnace maintenance, gas, water, roof and ground maintenance. Just steps from MARTA bus line transportation making commuting around Atlanta a breeze. The property is also conveniently located only 15 minutes from Hartsfield-Jackson Atlanta Airport making it exceptional accessibility for frequent travelers. This property is perfect for a first-time home buyers or someone looking to downsize and anyone ready to own "Shares"...NO INVESTORS, OWNER OCCUPANCY ONLY. IN-HOUSE FINANCING AVAILABLE
-
2025-11-16historical $83,500 1027-char remark
Show marketing remark (1027 chars)
Beautiful Townhouse in a gated community has been updated with new paint throughout. Unfinished basement/bonus room (new owner can use your imagination) can be a game, media room or office, and a room that can be used as a 3rd bedroom. Laundry room also in basement which allows access to exterior. Kitchen has French doors that lead to small balcony. Upstairs boast 2 bedrooms and a full-sized bathroom with an exposed vanity area. Monthly carrying fees of $652 that cover property taxes, insurance, HVAC, water heater and furnace maintenance, gas, water, roof and ground maintenance. Just steps from MARTA bus line transportation making commuting around Atlanta a breeze. The property is also conveniently located only 15 minutes from Hartsfield-Jackson Atlanta Airport making it exceptional accessibility for frequent travelers. This property is perfect for a first-time home buyers or someone looking to downsize and anyone ready to own "Shares"...NO INVESTORS, OWNER OCCUPANCY ONLY. IN-HOUSE FINANCING AVAILABLE
-
2025-09-30historical
-
2025-09-30historical
-
2025-08-25price $75,500
-
2025-08-25price $75,500
-
2025-07-07$85,000 Active
-
2025-07-07$85,000 New
-
2025-06-30historical
-
2025-06-30historical
-
2025-06-27price $85,000
-
2025-06-27price $85,000
-
2025-04-29price $89,900
-
2025-04-29price $89,900
-
2025-04-14price $90,000
-
2025-04-14price $90,000
-
2025-03-04$95,000 Active
-
2025-03-04$95,000 New
ⓘ 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 X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 6/10 Major 7 d/yr ≥105°F today · 19 d/yr by 30 yrs out
- Wind 4/10 Moderate 23% 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,692
- − Mortgage interest
- −$4,425
- − Property taxes
- −$1,185
- − Insurance
- −$395
- − Repairs & maintenance
- −$1,415
- − Management
- −$1,415
- − Depreciation
- −$2,298
- Taxable income
- $6,558
- Est. tax owed @ 24.0%
- −$1,574
- After-tax cash flow
- $5,851/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.
Condition & rehab AI · 12 photos
This townhouse is in good condition with recent updates, including new paint throughout. It's move-in ready with a good curb appeal and potential for further value increases through minor upgrades.
Value-add opportunities
- Both painting — Fresh paint enhances curb appeal and interior aesthetics
- Both landscaping — Well-maintained landscaping improves curb appeal and property value
- Resale upgrading appliances — Modern appliances can attract more buyers
- Resale upgrading fixtures — Upgraded fixtures can increase the home's appeal to potential buyers
Renovation cost estimate screening
Value-add ROI direction
- Both painting — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both landscaping — Well-maintained landscaping improves curb appeal and property value ↑
- Resale upgrading appliances — Modern appliances can attract more buyers ↑
- Resale upgrading fixtures — Upgraded fixtures can increase the home's appeal to potential buyers ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Clayton County
- NCES district ID
- 1301230
- Math proficiency
- 11% ▼ -13.00%
- Reading proficiency
- 20% ▼ -9.00%
- Median HH income
- $42,266
- Composite
- 13.41/100
- National rank
- #9527
- State rank
- #155 of 174 in GA
Livability — Conley
- Score
- 62/100
- State rank
- #299
- US rank
- #16248
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Conley, GA
- County
- Dekalb County · 782,738 people
- City population
- 8,116
- Metro
- Atlanta-Sandy Springs-Alpharetta, GA
- Population (ZIP)
- 8,116
- Household income
- $51,511
- Rent vs Own
- Severe rent burden
- 213.0
Population outlook (Clayton County) Hauer SSP2
- Today (2025)
- 310,777 people
- By 2030
- 329,762 · +6.1%
- By 2040
- 368,052 · +18.4%
- By 2050
- 401,196 · +29.1%
- By 2075
- 472,488 · +52.0%
- By 2100
- 500,446 · +61.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (75%)
- Race & ethnicity
- Black 75% Hispanic / Latino 13% White 9% Two or more races 8%
- Hispanic origin (detail)
- Mexican 9%
- Common ancestry
- Italian 1%
- Foreign-born
- 16% · Canada, Vietnam
- Languages at home
- 83% English-only · Spanish 12% Vietnamese 1%
Political lean MEDSL · Clayton
- 2024 margin
- Solid D (+69.2) · D 84.3% · R 15.1%
- 2008→2024 swing
- +2.8pp toward D · 2008: 66.4pp · 2024: 69.2pp
- All cycles
- 2024: D+69.2 2020: D+70.9 2016: D+71.9 2012: D+70.1 2008: D+66.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -32.96%
- Current HPI
- 222.5766
- Rent YoY
- —
- 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
-16.8% since first listed19 events — show timeline
- 2026-04-10 Price Changed $79,000 GAMLS
- 2025-11-17 Listed $83,500 GAMLS
- 2025-11-16 Coming Soon $83,500 GAMLS
- 2025-09-30 Listing Removed — GAMLS
- 2025-09-30 Listing Removed — FMLS
- 2025-08-25 Price Changed $75,500 GAMLS
- 2025-08-25 Price Changed $75,500 FMLS
- 2025-07-07 Listed $85,000 GAMLS
- 2025-07-07 Listed $85,000 FMLS
- 2025-06-30 Listing Removed — GAMLS
- 2025-06-30 Listing Removed — FMLS
- 2025-06-27 Price Changed $85,000 GAMLS
- 2025-06-27 Price Changed $85,000 FMLS
- 2025-04-29 Price Changed $89,900 GAMLS
- 2025-04-29 Price Changed $89,900 FMLS
- 2025-04-14 Price Changed $90,000 GAMLS
- 2025-04-14 Price Changed $90,000 FMLS
- 2025-03-04 Listed $95,000 GAMLS
- 2025-03-04 Listed $95,000 FMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…