2493 Butner SW · Atlanta, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 21.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- 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 +25.5/30.0
- ARV discount +15.0/15.0
- DSCR +8.4/10.0
- 1% rule +7.3/10.0
- 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
$150,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
Key facts
- One-car garage
- Unfinished basement
- Carport
Tags
Property features AI
Exterior
- Parking: Carport (1 space), total parking for 1 vehicle
- Utilities: Public water; Septic tank sewer; Electric service (other); Electricity available; Water available; Sewer available; Natural gas available; Underground utilities
- Home design: One-level (single story); Brick on all four sides; Fixer condition; Concrete perimeter foundation; Composition roof
- Construction: Brick 4-sided construction; Composition roof; Concrete perimeter foundation; Partial basement
- Exterior features: Front porch; Rain gutters; Partial basement
Interior
- Kitchen: Electric oven; Electric range; Refrigerator; Kitchen adjoins laundry area
- Bedrooms: Three bedrooms on the main level; Primary bedroom on the main level
- Flooring: Hardwood floors
- Bathrooms: One full bathroom; One half bathroom; Main level includes one full and one half bath; Master bathroom with tub/shower combo
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: No shared/common walls; Other interior features
- Laundry & utility: Laundry located in the kitchen on the main level; Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $150k.
Deal economics
- At list price, monthly cash flow is $348 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $150k).
- Recommended offer: $146k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.1% 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: Deerwood Academy (math 8% / reading 17%, grade F, #1,032 of 1,228 statewide, top 85%, 512 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 9% at this address vs 32% district-wide (-22 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; 31 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 35% of the median local income ($63k/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 $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 39 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 17y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $35k; list at $150k implies a 329% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: extreme-heat days projected 7→17/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 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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
- 1.23% ✓
- Cap rate
- 9.08%
- Cash-on-cash
- 9.95%
- DSCR
- 1.44
- GRM
- 6.7
CMA / ARV
- ARV (on-the-fly)
- $199,584
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2356 County Line Rd SW | 0.39mi | 3/1.0 | 1,360 (-2%) | 10mo | $112,551 | $83 | 68 |
| 2494 Fairway Cir SW | 0.61mi | 3/2.0 | 1,368 (-1%) | 0mo | $234,999 | $172 | 67 |
| 2285 Butner Rd SW | 0.41mi | 3/2.0 | 1,309 (-6%) | 9mo | $160,000 | $122 | 62 |
| 4268 Kimball Rd SW | 0.21mi | 4/2.5 (+1) | 1,212 (-13%) | 1mo | $115,000 | $95 | 60 |
| 4572 Sahara Dr SW | 0.55mi | 3/2.0 | 1,328 (-4%) | 9mo | $220,000 | $166 | 58 |
| 2122 Kimberly Rd SW | 0.68mi | 3/1.5 | 1,327 (-4%) | 13mo | $220,000 | $166 | 50 |
| 2212 Butner Rd SW | 0.54mi | 4/2.0 (+1) | 1,524 (+10%) | 6mo | $220,000 | $144 | 46 |
| 2291 County Line Rd SW | 0.46mi | 3/2.0 | 1,201 (-13%) | 11mo | $205,000 | $171 | 45 |
| 2364 El Paso Rd SW | 0.65mi | 3/2.5 | 1,265 (-9%) | 9mo | $25,000 | $20 | 44 |
| 4628 Tucson Trl SW | 0.65mi | 3/2.0 | 1,568 (+13%) | 4mo | $185,000 | $118 | 42 |
| 4595 Sahara Dr SW | 0.58mi | 3/2.0 | 1,191 (-14%) | 8mo | $137,000 | $115 | 40 |
| 4042 Fairburn Ave SW | 0.49mi | 4/3.0 (+1) | 1,566 (+13%) | 9mo | $239,000 | $153 | 37 |
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
- IRR
- -1.7%
- Equity multiple
- 0.93×
- Total profit
- $-2,742
- Equity at exit
- $22,365
- IRR
- 7.6%
- Equity multiple
- 1.56×
- Total profit
- $23,678
- Equity at exit
- $12,969
Cash invested: $42,000 (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
ZIP-level market 30331
- Home prices YoY
- -34.2%
- Rents YoY
- 2.6%
- Active inventory
- 483
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $1,852 high interval (Pro) →
- Mortgage (P&I)
- −$787
- Tax from tax record
- −$266 /mo · $3,191/yr
- Insurance
- −$62
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$389
- Net cashflow
- $348
Break-even live
Sensitivity live
| Price | -10% $433 | -5% $391 | +0% $348 | +5% $306 | +10% $263 |
|---|---|---|---|---|---|
| Rent | -10% $202 | -5% $275 | +0% $348 | +5% $421 | +10% $494 |
| Rate | -1.0pp $424 | -0.5pp $386 | base $348 | +0.5pp $309 | +1.0pp $270 |
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
- $37,500
- Closing costs
- $4,500
- 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 31 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2356 County Line Rd SW Atlanta, GA | 3.0 | 1.0 | 1360 | $1,695 | $1.25 | 24d | 1 | 0.37mi |
| 4515 Doral Dr SW Atlanta, GA | 3.0 | 1.5 | 1184 | $1,700 | $1.44 | 15d | 1 | 0.39mi |
| 4545 Sahara Dr SW Atlanta, GA | 3.0 | 2.0 | 1075 | $1,665 | $1.55 | 5d | 1 | 0.46mi |
| 4058 Blanton Ave SW Atlanta, GA | 4.0 | 2.0 | 1476 | $1,750 | $1.19 | 17d | 1 | 0.48mi |
| 2243 Butner Rd Unit NA Atlanta, GA | 4.0 | 2.5 | 1518 | $2,350 | $1.55 | 24d | 1 | 0.48mi |
| 2211 Butner Rd SW Atlanta, GA | 4.0 | 2.0 | 1336 | $1,875 | $1.40 | 24d | 1 | 0.54mi |
| 4211 Campbellton Rd SW Atlanta, GA | 3.0 | 2.0 | 1384 | $2,050 | $1.48 | 22d | 1 | 0.57mi |
| 4596 Sahara Dr SW Atlanta, GA | 4.0 | 1.5 | 1375 | $1,500 | $1.09 | 4d | 1 | 0.57mi |
| 4596 Sahara Dr SW Atlanta, GA | 4.0 | 1.5 | 1475 | $1,200 | $0.81 | 24d | 1 | 0.57mi |
| 2111 Kimberly Rd SW Atlanta, GA | 2.0 | 1.0 | 996 | $1,600 | $1.61 | 8d | 1 | 0.68mi |
| 4037 Braxton Pl SW Unit 4037 Atlanta, GA | 4.0 | 3.0 | 1397 | $2,100 | $1.50 | 24d | 1 | 0.69mi |
| 4043 Avalon Rd SW Atlanta, GA | 4.0 | 3.0 | 1434 | $2,300 | $1.60 | 24d | 1 | 0.71mi |
| 2100 Southwood Blvd SW Atlanta, GA | 1.0–2.0 | 1.0–2.0 | 942 | $1,537 | $1.63 | 1d | 15 | 0.81mi |
| 3901 Campbellton Rd SW Unit 3909-K01 Atlanta, GA | 2.0 | 1.5 | 1093 | $1,199 | $1.10 | 24d | 1 | 0.90mi |
| 3901 Campbellton Rd SW Unit 3901-L04 Atlanta, GA | 2.0 | 1.5 | 1093 | $1,140 | $1.04 | 24d | 1 | 0.90mi |
| 3901 Campbellton Rd SW Unit 3909-M06 Atlanta, GA | 2.0 | 1.5 | 1093 | $1,150 | $1.05 | 24d | 1 | 0.90mi |
| 1960 W Kimberly Rd SW Atlanta, GA | 3.0 | 2.5 | 1852 | $2,105 | $1.14 | 24d | 1 | 0.99mi |
| 2164 Camp Ground Rd SW Atlanta, GA | 3.0 | 1.5 | 1128 | $1,595 | $1.41 | 24d | 1 | 1.05mi |
| 1928 Grant Rd SW Atlanta, GA | 3.0 | 2.0 | 1160 | $1,823 | $1.57 | 22d | 1 | 1.12mi |
| 2800 Alexandria Dr SW Atlanta, GA | 3.0 | 2.0 | 1208 | $1,674 | $1.39 | 14d | 1 | 1.13mi |
| 2511 Susan Ln SW Atlanta, GA | 3.0 | 2.0 | 1277 | $1,695 | $1.33 | 5d | 1 | 1.22mi |
| 4610 Greenbriar Trl SW Unit 204 Atlanta, GA | 3.0 | 2.0 | 1206 | $1,950 | $1.62 | 13d | 1 | 1.25mi |
| 3638 Barrow Pl SW Atlanta, GA | 3.0 | 2.0 | 1200 | $1,695 | $1.41 | 24d | 1 | 1.27mi |
| 4720 Edwina Ln SW Atlanta, GA | 4.0 | 2.0 | 1400 | $1,873 | $1.34 | 2d | 1 | 1.28mi |
| 2535 Rex Ave SW Atlanta, GA | 3.0 | 2.0 | 1443 | $1,850 | $1.28 | 24d | 1 | 1.36mi |
| 2111 Sandtree Ct SW Unit 2 Atlanta, GA | 2.0 | 1.0 | 1100 | $1,500 | $1.36 | 24d | 1 | 1.37mi |
| 2787 Deerwood Ln SW Atlanta, GA | 3.0 | 2.5 | 1460 | $1,900 | $1.30 | 24d | 1 | 1.42mi |
| 3596 Indian Rock Rd SW Atlanta, GA | 3.0 | 1.5 | 1198 | $2,000 | $1.67 | 4d | 1 | 1.46mi |
| 3596 Raven Way Atlanta, GA | 3.0 | 2.5 | 1421 | $1,965 | $1.38 | 24d | 1 | 1.46mi |
| 2750 Barge Rd SW Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 986 | $2,371 | $2.40 | 2d | 52 | 1.47mi |
| 2589 Coventry St SW Atlanta, GA | 3.0 | 2.5 | 1421 | $1,995 | $1.40 | 24d | 2 | 1.49mi |
Listing history 15 events
-
2026-05-15status Pending
-
2026-04-17historical Active Under Contract
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-04-17historical Active Under Contract 1089-char remark
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-04-13status Active
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-04-13status Back On Market 1089-char remark
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-04-06status Under Contract 1089-char remark
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-04-06status Pending
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2026-03-30$150,000 Active
-
2026-02-26$150,000 New 1089-char remark
Show marketing remark (1089 chars)
Opportunity knocks at 2493 Butner Rd SW! This 3-bedroom, 1.5-bath 1961 ranch sits on over an acre and a half, offering exceptional potential for investors, builders, or buyers looking to renovate and add value. The home features classic single-level living with an unfinished basement, providing ample space for storage, workshop use, or future expansion. The property includes a carport plus a one-car garage located in the basement, adding functional parking and flexibility. Inside, the home remains in its original condition with no updates, making it a true blank canvas for a full renovation, rental conversion, or resale project. With its generous lot size, buyers may explore the possibility of building an additional home or accessory dwelling (subject to zoning and county approval), creating a rare opportunity to maximize land value. Conveniently located with quick access to State Route 166 and Interstate 285, and just minutes from Hartsfield-Jackson Atlanta International Airport, this location offers strong connectivity for commuters, tenants, and future resale appeal.
-
2009-04-24soldstatus $35,000 190-char remark
Show marketing remark (190 chars)
PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOIWN! THIS PROPERTY IS APPROVED FO HOMEPATH MORTGAGE AND HOMEPATH RENOVATION MORTGAGE FINANCING. PLEASE CONTACT LISTING AGENT FOR MORE INFORMATION
-
2009-03-05$37,900 190-char remark
Show marketing remark (190 chars)
PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOIWN! THIS PROPERTY IS APPROVED FO HOMEPATH MORTGAGE AND HOMEPATH RENOVATION MORTGAGE FINANCING. PLEASE CONTACT LISTING AGENT FOR MORE INFORMATION
-
2006-03-27soldstatus $133,000
-
2006-03-27soldstatus $133,000
-
2003-05-15soldstatus $113,500
-
1994-08-29soldstatus $62,300
ⓘ 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
- $3,191 · $266/mo
- Projected year-2 tax
- $3,191 · $266/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 · 17 d/yr by 30 yrs out
- Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 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
- $22,226
- − Mortgage interest
- −$8,402
- − Property taxes
- −$3,191
- − Insurance
- −$750
- − Repairs & maintenance
- −$1,778
- − Management
- −$1,778
- − Depreciation
- −$4,364
- Taxable income
- $1,963
- Est. tax owed @ 24.0%
- −$471
- After-tax cash flow
- $3,707/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
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
- 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
+140.8% since first listed15 events — show timeline
- 2026-05-15 Pending — FMLS
- 2026-04-17 Contingent — FMLS
- 2026-04-17 Contingent — GAMLS
- 2026-04-13 Relisted — FMLS
- 2026-04-13 Relisted — GAMLS
- 2026-04-06 Pending — GAMLS
- 2026-04-06 Pending — FMLS
- 2026-03-30 Listed $150,000 FMLS
- 2026-02-26 Listed $150,000 GAMLS
- 2009-04-24 Sold (MLS) $35,000 FMLS
- 2009-03-05 Listed $37,900 FMLS
- 2006-03-27 Sold (Public Records) $133,000 Public Records
- 2006-03-27 Sold (Public Records) $133,000 Public Records
- 2003-05-15 Sold (Public Records) $113,500 Public Records
- 1994-08-29 Sold (Public Records) $62,300 Public Records
Property tax history
+2.5%/yrLatest (2025): $3,191 · -0.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…