375 Dartmouth Dr SW · Atlanta, GA 30331

$139,900

3 bd · 1.0 ba · 1,138 sqft · SingleFamily public records · 128 Days on market

Built 1965 9,191 sqft lot $123/sqft · 33% below area Est $208k · 33% under

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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 +27.2/30.0
• ARV discount +15.0/15.0
• DSCR +9.5/10.0
• 1% rule +7.7/10.0
• 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

Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

Key facts

• 9,191 sq ft lot
• Parking
• Built 1965

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $400 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.7% 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: schools C-, 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.
• Market conditions: Rents rising (+2.6%/yr); 487 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 34% 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 $967 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.
• At projected returns (-3.0% appreciation + 2.6% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 128 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 15y ago; this cycle's ask has dropped $40k (22%) 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→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 128 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 1965 — 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: 1.27% ✓
• Cap rate: 9.73%
• Cash-on-cash: 12.27%
• DSCR: 1.55
• GRM: 6.6

CMA / ARV

• ARV (median comp): $208,311
• List price: $139,900
• Delta: -32.84%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3991 Adamsville Dr SW	0.14mi	3/2.0	1,016 (-11%)	8mo	$190,000	$187	65
232 Whitworth Dr SW	0.17mi	4/2.0 (+1)	1,075 (-6%)	11mo	$270,000	$251	65
4063 Cornell Blvd SW	0.23mi	3/2.0	1,000 (-12%)	4mo	$125,000	$125	62
4009 Ester Dr SW	0.51mi	3/1.0	1,056 (-7%)	11mo	$130,000	$123	55
491 Bolton Rd NW	0.67mi	4/2.0 (+1)	1,173 (+3%)	1mo	$129,000	$110	54
4077 Codel St SW	0.61mi	3/1.0	1,050 (-8%)	9mo	$183,500	$175	52
445 Wilson Mill Rd SW	0.68mi	3/1.5	1,053 (-8%)	4mo	$193,500	$184	51
3759 Wisteria Ln SW	0.74mi	3/1.0	1,192 (+5%)	8mo	$167,000	$140	50
4225 Bakers Ferry Rd	0.70mi	2/1.5 (-1)	1,056 (-7%)	1mo	$77,500	$73	48
4062 Doster Dr SW	0.58mi	3/1.0	1,000 (-12%)	10mo	$192,000	$192	44
354 Tarragon Way SW	0.54mi	3/2.0	1,306 (+15%)	12mo	$280,000	$214	36
245 Argus Cir NW	0.70mi	4/2.0 (+1)	1,025 (-10%)	10mo	$135,000	$132	33

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: 1.5%
• Equity multiple: 1.06×
• Total profit: $2,226
• Equity at exit: $20,860

10-year hold

• IRR: 10.7%
• Equity multiple: 1.82×
• Total profit: $32,298
• Equity at exit: $12,096

Cash invested: $39,172 (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: 487
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,778 high
• Mortgage (P&I): −$734
• Tax from tax record: −$212 /mo · $2,543/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $400

Break-even live

Break-even rent $1,271

Max offer price $139,900

Occupancy floor 72%

Sensitivity live

Price	-10% $480	-5% $440	+0% $400	+5% $361	+10% $321
Rent	-10% $260	-5% $330	+0% $400	+5% $471	+10% $541
Rate	-1.0pp $471	-0.5pp $436	base $400	+0.5pp $364	+1.0pp $327

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
440 Dartmouth Dr SW Atlanta, GA	4.0	3.0	1148	$1,795	$1.56	21d	1	0.14mi
586 Oakside Dr SW Unit A Atlanta, GA	3.0	1.0	1075	$1,325	$1.23	16d	1	0.47mi
586 Oakside Dr SW Unit B Atlanta, GA	2.0	1.0	1075	$1,065	$0.99	16d	1	0.47mi
4172 Renfrew Ct SW Atlanta, GA	4.0	2.0	1136	$1,200	$1.06	8d	1	0.49mi
40 Candlelight Ln SW Unit A Atlanta, GA	2.0	2.0	1098	$1,500	$1.37	25d	1	0.49mi
40 Candlelight Ln SW Apt B Atlanta, GA	3.0	3.0	1274	$1,800	$1.41	25d	1	0.50mi
3919 Wisteria Ln SW Atlanta, GA	4.0	2.0	1126	$1,730	$1.54	15d	1	0.50mi
350 Fennel Way SW Atlanta, GA	4.0	2.0	1450	$1,500	$1.03	21d	1	0.53mi
3669 Martin Luther King Jr Dr SW Atlanta, GA	2.0	1.5	800	$1,300	$1.62	6d	2	0.55mi
470 Bolton Rd NW Unit D1 Atlanta, GA	2.0	1.5	1100	$1,395	$1.27	25d	1	0.56mi
3915 Basil Way SW Atlanta, GA	3.0	2.0	1287	$2,600	$2.02	25d	1	0.61mi
451 Fairlock Ln NW Atlanta, GA	3.0	1.0	1141	$1,450	$1.27	25d	1	0.66mi
3590 Collier Dr NW Atlanta, GA	4.0	4.0	1110	$1,100	$0.99	11d	1	0.79mi
3456 Thompson Dr NW Atlanta, GA	3.0	1.0	975	$1,750	$1.79	25d	1	0.87mi
3554 Adkins Rd NW Atlanta, GA	4.0	2.0	1350	$2,031	$1.50	0d	1	0.94mi
3466 Fairlane Dr NW Atlanta, GA	3.0	1.0	950	$1,495	$1.57	25d	1	0.97mi
3774 Clovis Ct NW Atlanta, GA	3.0	1.0	1000	$1,425	$1.43	0d	1	1.02mi
3537 Fairburn Pl NW Atlanta, GA	2.0	1.0	1484	$2,000	$1.35	25d	1	1.06mi
3354 Delmar Ln NW Atlanta, GA	3.0	2.0	1170	$1,700	$1.45	25d	1	1.10mi
3440 Boulder Park Dr SW Atlanta, GA	2.0	1.0	800	$1,050	$1.31	0d	2	1.20mi
841 Ambient Way SW Atlanta, GA	2.0	2.5	1344	$1,895	$1.41	0d	1	1.23mi
841 Ambient Way SW Atlanta, GA	2.0	2.5	1344	$1,895	$1.41	17d	1	1.23mi
415 Fairburn Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	890	$1,490	$1.67	0d	32	1.23mi
832 Ambient Way SW Atlanta, GA	2.0	2.5	1500	$2,250	$1.50	25d	1	1.25mi
3610 Bolfair Dr NW Atlanta, GA	3.0	1.5	1178	$1,900	$1.61	25d	1	1.26mi
887 Ambient Way SW Atlanta, GA	2.0	2.5	1344	$2,250	$1.67	25d	1	1.29mi
3566 Bolfair Dr NW Atlanta, GA	3.0	2.0	1192	$1,595	$1.34	15d	1	1.31mi
897 Ambient Way SW Atlanta, GA	2.0	2.5	1500	$2,155	$1.44	25d	1	1.31mi
722 Crestwell Cir #722 Atlanta, GA	2.0	3.0	1440	$2,279	$1.58	21d	1	1.31mi
865 Society Cir SW Atlanta, GA	4.0	3.5	1440	$2,700	$1.88	0d	1	1.31mi
708 Crestwell Cir SW Atlanta, GA	2.0	2.5	1236	$1,645	$1.33	25d	1	1.33mi
842 Bonneville Ter NW Atlanta, GA	2.0	2.0	1100	$1,855	$1.69	25d	1	1.38mi
294 Brownlee Rd SW Atlanta, GA	2.0	1.5	950	$1,050	$1.11	17d	2	1.42mi
648 Providence Pl SW #37 Atlanta, GA	3.0	3.5	1416	$2,195	$1.55	25d	1	1.43mi
648 Providence Pl SW #37 Atlanta, GA	3.0	3.5	1416	$2,195	$1.55	0d	1	1.43mi
3188 Delmar Ln NW Atlanta, GA	3.0	2.0	1124	$2,400	$2.14	25d	1	1.44mi
942 Fairburn Rd NW Atlanta, GA	3.0	2.0	900	$1,623	$1.80	23d	1	1.48mi

Listing history 29 events

1. 2026-06-21
   days on market $139,900 Active 128 DOM
2. 2026-06-18
   days on market $139,900 Active 125 DOM
3. 2026-06-17
   days on market $139,900 Active 124 DOM
4. 2026-06-16
   days on market $139,900 Active 123 DOM
5. 2026-06-15
   statusdays on market $139,900 Active 122 DOM
6. 2026-06-13
   days on market $139,900 Price Change 120 DOM
7. 2026-06-13
   pricestatusdays on market $139,900 Price Change 119 DOM
8. 2026-06-09
   days on market $154,900 Active 116 DOM
9. 2026-06-08
   statusdays on market $154,900 Active 115 DOM
10. 2026-06-07
    statusdays on market $154,900 Back On Market 114 DOM
11. 2026-06-02
    status $154,900 Under Contract 112 DOM
12. 2026-06-01
    days on market $154,900 Active 112 DOM
13. 2026-05-31
    days on market $154,900 Active 111 DOM
14. 2026-05-14
    status Back On Market 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

15. 2026-05-11
    status Under Contract 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

16. 2026-04-17
    price $154,900 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

17. 2026-04-10
    price $164,900 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

18. 2026-03-06
    price $169,900 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

19. 2026-02-06
    listed $179,900 New 215-char remark

    Show marketing remark (215 chars)

    Located at 375 Dartmouth Dr SW, this cozy single-story brick ranch features a three-bedroom, 1 bathroom encompassing 1,138 square feet. Turn key ready to be called home. Makes a great income rental property as well.

20. 2022-09-08
    soldstatus $197,500
21. 2022-09-06
    soldstatus $197,500 Sold 273-char remark

    Show marketing remark (273 chars)

    Below Market Value!!!! Absolutely Won't Last!!!! Recent Comp in Neighborhood sold for $280K!!!! TLC and Vision will make this a dream home ideal for investors, first time home buyers. Great location convenient to public transportation, schools, shopping and the interstate.

22. 2022-08-23
    status Under Contract 273-char remark

    Show marketing remark (273 chars)

    Below Market Value!!!! Absolutely Won't Last!!!! Recent Comp in Neighborhood sold for $280K!!!! TLC and Vision will make this a dream home ideal for investors, first time home buyers. Great location convenient to public transportation, schools, shopping and the interstate.

23. 2022-08-14
    price $219,000 273-char remark

    Show marketing remark (273 chars)

    Below Market Value!!!! Absolutely Won't Last!!!! Recent Comp in Neighborhood sold for $280K!!!! TLC and Vision will make this a dream home ideal for investors, first time home buyers. Great location convenient to public transportation, schools, shopping and the interstate.

24. 2022-08-10
    listed $225,000 New 273-char remark

    Show marketing remark (273 chars)

    Below Market Value!!!! Absolutely Won't Last!!!! Recent Comp in Neighborhood sold for $280K!!!! TLC and Vision will make this a dream home ideal for investors, first time home buyers. Great location convenient to public transportation, schools, shopping and the interstate.

25. 2012-02-03
    historical
26. 2012-01-30
    soldstatus $8,190 Sold
27. 2011-12-08
    status Pending
28. 2011-11-23
    listed $7,000 Active
29. 1992-08-19
    soldstatus $53,000

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

Tax reassessment forecast GA · Resets to sale price

• Current annual tax: $2,543 · $212/mo
• Projected year-2 tax: $2,543 · $212/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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 17 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 23% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,331
• − Mortgage interest: −$7,837
• − Property taxes: −$2,543
• − Insurance: −$700
• − Repairs & maintenance: −$1,707
• − Management: −$1,707
• − Depreciation: −$4,070
• Taxable income: $2,770
• Est. tax owed @ 24.0%: −$665
• After-tax cash flow: $4,141/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

+192.3% since first listed

16 events — show timeline

• 2026-05-14 Relisted — GAMLS
• 2026-05-11 Pending — GAMLS
• 2026-04-17 Price Changed $154,900 GAMLS
• 2026-04-10 Price Changed $164,900 GAMLS
• 2026-03-06 Price Changed $169,900 GAMLS
• 2026-02-06 Listed $179,900 GAMLS
• 2022-09-08 Sold (Public Records) $197,500 Public Records
• 2022-09-06 Sold (MLS) $197,500 GAMLS
• 2022-08-23 Pending — GAMLS
• 2022-08-14 Price Changed $219,000 GAMLS
• 2022-08-10 Listed $225,000 GAMLS
• 2012-02-03 Listing Removed — FMLS
• 2012-01-30 Sold (MLS) $8,190 FMLS
• 2011-12-08 Pending — FMLS
• 2011-11-23 Listed $7,000 FMLS
• 1992-08-19 Sold (Public Records) $53,000 Public Records

Property tax history

+12.9%/yr

Latest (2025): $2,543 · -9.0% YoY. Source: county tax records.