390 17th St NW #5037 · Atlanta, GA 30363

$205,000

1 bd · 1.0 ba · 832 sqft · Condo public records · 110 Days on market

Built 2007 $246/sqft · 10% below area Est $227k · 10% under

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Why this score? — see what drove the D- 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).

• ARV discount +11.9/15.0
• Appreciation +5.6/10.0
• Cash flow +5.3/30.0
• 1% rule +4.2/10.0
• Livability +4.2/5.0
• Rent growth +2.8/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks MLS

City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

Key facts

• Gated community
• Modern upgrades
• Private balcony

Tags

• PRIVATE BALCONY
• MODERN UPGRADES
• RESORT-STYLE AMENITIES
• GATED COMMUNITY
• DIRECT BALCONY ACCESS
• WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $205k.

Deal economics

• At list price, monthly cash flow is $-458 ($-5k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (8.1% below list).
• Recommended offer: $187k (9.0% below list) — sets the bar for market timing.

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 (+1.2%/yr); 109 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($1k loan paydown + $3k appreciation (1.3% local appreciation)).
• Fulton County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 8, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 110 days — a 9% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 16 sale attempts since 9y ago; this cycle's ask is 10413% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: HOA is 27% of rent.

Recommended offer $186,550 (9.0% 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 110 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 3.61%
• Cash-on-cash: -9.58%
• DSCR: 0.57
• GRM: 9.1

CMA / ARV

• ARV (median comp): $227,035
• List price: $205,000
• Delta: -9.71%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

1.27% appreciation · 1.23% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.55×
• Total profit: $-25,548
• Equity at exit: $72,906

10-year hold

• IRR: -4.2%
• Equity multiple: 0.49×
• Total profit: $-29,530
• Equity at exit: $99,187

Cash invested: $57,400 (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 30363

• Home prices YoY: 0.7%
• Rents YoY: 1.2%
• Active inventory: 109
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,885 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$287 /mo · $3,440/yr
• Insurance: −$85
• HOA est. from 13 same-building comps: −$500
• Vacancy / Maint / Mgmt: −$396
• Net cashflow: $-458

Break-even live

Break-even rent $2,465

Max offer price $124,053

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
401 16th St NW Unit 1357A Atlanta, GA	1.0	1.0	750	$2,000	$2.67	24d	1	0.08mi
400 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	1206	$1,250	$1.04	24d	3	0.10mi
400 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	1206	$1,650	$1.37	12d	2	0.10mi
1220 Mecaslin St NW Atlanta, GA	1.0–3.0	1.0–3.0	1060	$1,563	$1.47	2d	19	0.11mi
401 17th St NW Atlanta, GA	1.0–2.0	1.0–2.0	971	$1,504	$1.55	15d	42	0.15mi
464 Bishop St NW Atlanta, GA	1.0–2.0	1.0–2.0	990	$1,395	$1.41	19d	14	0.22mi
455 14th St NW Atlanta, GA	3.0	1.0–2.0	995	$1,946	$1.96	1d	23	0.23mi
1189 Atlantic Dr NW Atlanta, GA	2.0	1.0	1001	$2,395	$2.39	18d	1	0.24mi
400 Bishop St NW Atlanta, GA	3.0	1.0–3.0	1122	$2,673	$2.38	1d	48	0.24mi
265 18th St NW Atlanta, GA	1.0–2.0	1.5–2.0	1107	$1,850	$1.67	4d	2	0.27mi
470 16th St NW Atlanta, GA	1.0–2.0	1.0–2.0	942	$1,585	$1.68	1d	15	0.32mi
232 19th St NW Atlanta, GA	1.0–2.0	1.5–2.0	1231	$2,300	$1.87	7d	12	0.33mi
507 Bishop St NW Atlanta, GA	1.0–2.0	1.0–2.0	963	$1,537	$1.60	1d	24	0.35mi
10 Tower St NW Atlanta, GA	2.0	1.0–2.0	1014	$3,512	$3.46	1d	194	0.37mi
300 Deering Rd NW Atlanta, GA	1.0–2.0	1.0–2.0	775	$1,234	$1.59	2d	8	0.43mi
1066 McMillan St NW Atlanta, GA	2.0	1.0	900	$1,650	$1.83	15d	1	0.49mi
1270 Spring St NW Atlanta, GA	1.0–2.0	1.0–2.0	987	$1,683	$1.71	2d	17	0.58mi
469 10th St NW Apt 3 Atlanta, GA	2.0	1.0	900	$1,950	$2.17	12d	1	0.59mi
500 Northside Cir NW Atlanta, GA	1.0–2.0	1.0–2.0	962	$1,175	$1.22	2d	21	0.60mi
1301 Spring St NW Atlanta, GA	2.0	1.0–2.0	939	$3,112	$3.31	2d	39	0.63mi
1011 Northside Dr NW Atlanta, GA	2.0–4.0	2.0–4.0	1050	$1,099	$1.05	16d	11	0.64mi
1280 W Peachtree St NW Atlanta, GA	1.0–2.0	1.0–2.0	826	$1,800	$2.18	24d	2	0.66mi
1140 Spring St NW Atlanta, GA	3.0	1.0–2.0	1196	$2,748	$2.30	3d	20	0.66mi
2 Interlock Ave NW Atlanta, GA	3.0	1.0–2.0	1081	$1,965	$1.82	2d	19	0.66mi
1240 W Peachtree St NW Atlanta, GA	2.0	1.0–2.0	1101	$3,454	$3.14	2d	25	0.66mi
1405 Spring St NW Atlanta, GA	3.0	1.0–2.0	920	$3,366	$3.66	1d	41	0.68mi
691 14th St NW Atlanta, GA	2.0	1.0–2.0	891	$1,566	$1.76	1d	10	0.69mi
1230 W Peachtree St NW Atlanta, GA	3.0	1.0–2.0	1066	$3,088	$2.90	1d	51	0.69mi
1400 W Peachtree St NW Atlanta, GA	2.0	1.0–2.0	910	$2,492	$2.74	1d	33	0.71mi
1400 W Peachtree St NE Unit 813 Atlanta, GA	1.0	1.0	652	$1,986	$3.05	15d	1	0.72mi
660 11th St NW Atlanta, GA	2.0	1.0–2.0	1001	$3,801	$3.80	2d	99	0.72mi
22 14th St NW Atlanta, GA	3.0	1.0–2.0	1039	$2,539	$2.44	2d	32	0.74mi
1000 Northside Dr NW Atlanta, GA	1.0–3.0	1.0–2.0	1081	$1,429	$1.32	1d	63	0.75mi
1660 Peachtree St NW Atlanta, GA	1.0–2.0	1.0–2.0	1022	$1,345	$1.32	3d	18	0.76mi
1163 W Peachtree St NE Atlanta, GA	2.0	1.0–2.0	1013	$2,804	$2.77	2d	45	0.77mi
1382 Peachtree St NE Atlanta, GA	3.0	1.0–2.0	919	$2,719	$2.96	1d	28	0.77mi
1163 W Peachtree St NW Atlanta, GA	—	1.0	628	$1,871	$2.98	3d	1	0.78mi
1100 Howell Mill Rd NW Atlanta, GA	1.0–2.0	1.0–2.0	1085	$1,895	$1.75	18d	1	0.79mi
1421 Peachtree St NE #307 Atlanta, GA	2.0	1.5	1014	$1,700	$1.68	24d	1	0.80mi
— Atlanta, GA	1.0	1.0	832	$2,300	$2.76	16d	1	0.80mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: watertrashpoolgymsecurity
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-18
   days on market $205,000 Active 110 DOM
2. 2026-06-17
   days on market $205,000 Active 109 DOM
3. 2026-06-16
   days on market $205,000 Active 108 DOM
4. 2026-06-15
   days on market $205,000 Active 107 DOM
5. 2026-06-13
   days on market $205,000 Active 105 DOM
6. 2026-06-13
   days on market $205,000 Active 104 DOM
7. 2026-06-09
   days on market $205,000 Active 101 DOM
8. 2026-06-08
   days on market $205,000 Active 100 DOM
9. 2026-06-07
   days on market $205,000 Active 99 DOM
10. 2026-06-04
    days on market $205,000 Active 96 DOM
11. 2026-06-03
    days on market $205,000 Active 95 DOM
12. 2026-06-02
    days on market $205,000 Active 94 DOM
13. 2026-06-01
    days on market $205,000 Active 93 DOM
14. 2026-05-31
    days on market $205,000 Active 92 DOM
15. 2026-05-20
    listed $1,950
16. 2026-05-04
    status Back On Market 1754-char remark

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

17. 2026-04-30
    historical 1754-char remark

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

18. 2026-04-18
    historical $1,950
19. 2026-04-06
    listed $1,950
20. 2026-04-06
    historical $1,950
21. 2026-04-02
    listed $1,950
22. 2026-02-19
    historical
23. 2026-02-04
    historical
24. 2025-12-18
    status Active
25. 2025-12-13
    status Back On Market
26. 2025-11-16
    status Under Contract
27. 2025-11-16
    historical Active Under Contract
28. 2025-10-22
    historical
29. 2025-10-22
    historical
30. 2025-10-13
    listed $214,999 Active
31. 2025-08-19
    historical
32. 2025-08-08
    listed $219,800 Active
33. 2025-05-30
    listed $205,000 New 1754-char remark

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

34. 2025-05-30
    listed $214,999 New

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

35. 2025-05-30
    listed $219,800 New

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

36. 2025-05-30
    listed $219,800 New

    Show marketing remark (1754 chars)

    City Living with a View in the Heart of Midtown! Welcome to this beautifully maintained 1-bedroom, 1-bath condo with a versatile Flex room-perfect for a home office, guest space, or potential second bedroom. Located on the 5th floor, this unit offers stunning city views and an effortless urban lifestyle in one of Midtown's most vibrant communities. The thoughtfully designed layout features a modern kitchen with granite countertops, stainless steel appliances, custom cabinetry, and a breakfast bar that flows seamlessly into the bright, open living space. Step out onto your private balcony-accessible from both the living room and the primary suite-and enjoy peaceful city views with your morning coffee or evening unwind. The spacious primary suite includes a walk-in closet and an oversized bathroom with double vanities, a separate shower, and ample storage. Enjoy resort-style amenities including a pool, fitness center, dog park, clubhouse, office space, and on-site property management. The gated community features security cameras throughout, guest parking with pass access, assigned garage parking, and additional private storage within the building. HOA dues include water and trash. Community renovations are currently underway, enhancing common areas and adding even more value. And here's the opportunity buyers don't want to miss: This home is eligible for up to $25,000 in down payment assistance through the Atlanta Housing Grant program. Step outside and experience true walkable city living. Just minutes from Atlantic Station, Target, IKEA, top restaurants, shopping, and entertainment, plus close proximity to Microsoft, Google, Georgia Tech, SCAD, MARTA, and major interstates. This isn't just a condo - it's a lifestyle.

37. 2021-08-02
    soldstatus $218,000
38. 2021-07-09
    soldstatus $218,000 Closed
39. 2021-07-09
    soldstatus $218,000 Sold
40. 2021-06-10
    historical Active Under Contract
41. 2021-06-10
    status Under Contract
42. 2021-06-07
    listed $218,000 Active
43. 2021-06-07
    listed $218,000 New
44. 2017-11-13
    soldstatus $179,000
45. 2017-11-03
    soldstatus $179,000 Sold
46. 2017-11-03
    soldstatus $179,000 Sold
47. 2017-10-06
    status Pending
48. 2017-09-28
    historical Contingent - Due Diligence
49. 2017-09-28
    status Under Contract
50. 2017-08-29
    listed $178,900 New

ⓘ 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: $3,440 · $287/mo
• Projected year-2 tax: $3,440 · $287/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $22,616
• − Mortgage interest: −$11,483
• − Property taxes: −$3,440
• − Insurance: −$1,025
• − Repairs & maintenance: −$1,809
• − Management: −$1,809
• − HOA: −$6,000
• − Depreciation: −$5,964
• Taxable loss: −$8,914
• Est. tax savings @ 24.0%: +$2,139
• After-tax cash flow: $-3,359/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): 3,523
• Household income: $123,667
• Rent vs Own: 44.3% rent · 55.7% own
• Severe rent burden: 300.0

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: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Black 36% White 34% Asian 16% Two or more races 9% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Italian 10% Romanian 2% Scotch-Irish 1%
• Foreign-born: 24% · China, Canada
• Languages at home: 80% English-only · Chinese 6% Spanish 4% Other Indo-European 4%

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: ▲ 1.27%
• Current HPI: 177.6556
• Rent YoY: ▲ 1.23%
• 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

-98.9% since first listed

37 events — show timeline

• 2026-05-20 Listed for Rent $1,950 FMLS
• 2026-05-04 Relisted — GAMLS
• 2026-04-30 Listing Removed — GAMLS
• 2026-04-18 Rental Removed $1,950 FMLS
• 2026-04-06 Listed for Rent $1,950 FMLS
• 2026-04-06 Rental Removed $1,950 GAMLS
• 2026-04-02 Listed for Rent $1,950 GAMLS
• 2026-02-19 Listing Removed — FMLS
• 2026-02-04 Listing Removed — GAMLS
• 2025-12-18 Relisted — FMLS
• 2025-12-13 Relisted — GAMLS
• 2025-11-16 Pending — GAMLS
• 2025-11-16 Contingent — FMLS
• 2025-10-22 Listing Removed — FMLS
• 2025-10-22 Listing Removed — GAMLS
• 2025-10-13 Listed $214,999 FMLS
• 2025-08-19 Listing Removed — GAMLS
• 2025-08-08 Listed $219,800 FMLS
• 2025-05-30 Listed $219,800 GAMLS
• 2025-05-30 Listed $219,800 GAMLS
• 2025-05-30 Listed $214,999 GAMLS
• 2025-05-30 Listed $205,000 GAMLS
• 2021-08-02 Sold (Public Records) $218,000 Public Records
• 2021-07-09 Sold (MLS) $218,000 GAMLS
• 2021-07-09 Sold (MLS) $218,000 FMLS
• 2021-06-10 Contingent — FMLS
• 2021-06-10 Pending — GAMLS
• 2021-06-07 Listed $218,000 GAMLS
• 2021-06-07 Listed $218,000 FMLS
• 2017-11-13 Sold (Public Records) $179,000 Public Records
• 2017-11-03 Sold (MLS) $179,000 GAMLS
• 2017-11-03 Sold (MLS) $179,000 FMLS
• 2017-10-06 Pending — FMLS
• 2017-09-28 Contingent — FMLS
• 2017-09-28 Pending — GAMLS
• 2017-08-29 Listed $178,900 GAMLS
• 2017-08-29 Listed $178,900 FMLS

Property tax history

+1.0%/yr

Latest (2025): $3,440 · +2.3% YoY. Source: county tax records.