1544 Canberra Dr · Redan, GA 30088

$75,000

3 bd · 2.0 ba · 1,692 sqft · SingleFamily public records · 8 Days on market

Built 1988 0.34 ac lot ↓ 42% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.4/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Special! This fire-damaged property presents a unique opportunity for experienced investors, contractors, or builders. The home has sustained significant damage and is being sold strictly as-is. Excellent potential for renovation, rebuild, or redevelopment. Enter at your own risk and with caution. PLEASE SIGN HOLD HARMLESS.

Key facts

• 0.34 acre lot
• 2 garage spots
• Built 1988

Property features AI

Exterior

• Parking: 2 total parking spaces; 2-car garage
• Utilities: Public water; Public sewer; Utilities otherwise unspecified
• Home design: Single-level (one story); Frame and other construction materials; Composition roof; Slab foundation
• Construction: Frame construction; Composition roof; Slab foundation; Property listed in fixer condition
• Exterior features: Back yard fencing; Terrace patio/porch; Exterior described as other

Interior

• Kitchen: Kitchen with unspecified/other features; Dining area with unspecified/other features; Appliances listed as other
• Bedrooms: Three bedrooms on the main level
• Flooring: Flooring described as other
• Bathrooms: Two full bathrooms, both on the main level; Master bathroom with non-standard features
• Heating & cooling: Central heating
• Interior features: One fireplace; No shared/common walls; Fixer condition
• Laundry & utility: Laundry/utility details not specified

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $974 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Cap rate 21.9% vs local median 5.4% in Redan — 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 64/100 on livability (#274 in GA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D, amenities F, commute F.
• Dekalb County (suburban): math 19% / reading 28% proficiency, ranked #125 of 174 in GA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Woodridge Elementary School (math 8% / reading 12%, grade F, #1,092 of 1,228 statewide, top 91%, 475 students, 97% FRL); Miller Grove Middle School (math 8% / reading 18%, grade F, #410 of 470 statewide, top 87%, 722 students, 100% FRL); Redan High School (math 8% / reading 17%, grade F, #336 of 424 statewide, top 80%, 951 students, 100% FRL) — zoned schools average 99% FRL vs 68% district-wide (32 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.7%/yr); 215 active listings in the ZIP; 37 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 1,240 units permitted in DeKalb County in 2024 (385 in 5+ unit buildings).
• This rent runs 32% of the median local income ($70k/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 $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• DeKalb County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.7% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 8y 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.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 25% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $75,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. 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?
4. 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.
5. 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.
6. 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: 2.52% ✓
• Cap rate: 21.88%
• Cash-on-cash: 55.68%
• DSCR: 3.48
• GRM: 3.3

CMA / ARV

• ARV (on-the-fly): $245,340
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1584 S Hairston Rd	0.11mi	4/2.0 (+1)	1,569 (-7%)	2mo	$285,000	$182	76
4828 White Oak Tree	0.37mi	3/2.0	1,757 (+4%)	4mo	$160,000	$91	73
4859 Terrace Green Trce	0.38mi	3/2.0	1,833 (+8%)	0mo	$245,000	$134	68
4448 Cedar Ridge Trl	0.61mi	3/2.0	1,617 (-4%)	4mo	$212,000	$131	60
4504 Cedar Ridge Trl	0.56mi	3/2.0	1,591 (-6%)	5mo	$230,000	$145	60
4803 Wyndam Dr	0.67mi	3/2.5	1,682 (-1%)	8mo	$279,900	$166	60
4827 Wyndam Dr	0.68mi	3/2.5	1,682 (-1%)	9mo	$187,000	$111	58
4601 Wendover Dr	0.60mi	3/2.0	1,548 (-8%)	0mo	$265,000	$171	58
4706 Bexley Dr	0.68mi	3/2.0	1,592 (-6%)	1mo	$220,000	$138	57
4873 Fenbrook Dr	0.70mi	3/2.0	1,589 (-6%)	3mo	$250,000	$157	55
4766 White Oak Path	0.39mi	3/2.0	1,450 (-14%)	8mo	$206,000	$142	51
4812 White Oak Path	0.48mi	3/2.0	1,460 (-14%)	6mo	$224,000	$153	49

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 · 3.72% rent growth · sell at horizon

5-year hold

• IRR: 54.8%
• Equity multiple: 3.44×
• Total profit: $51,318
• Equity at exit: $11,183

10-year hold

• IRR: 60.2%
• Equity multiple: 7.21×
• Total profit: $130,461
• Equity at exit: $6,485

Cash invested: $21,000 (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

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

ZIP-level market 30088

• Rents YoY: 3.7%
• Active inventory: 215
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,890 high
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$397
• Net cashflow: $974

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 43%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 37 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4701 Lost Colony Ct Stone Mountain, GA	3.0	2.0	1120	$1,565	$1.40	43d	1	0.08mi
1576 Canberra Dr Stone Mountain, GA	3.0	2.0	1850	$1,000	$0.54	3d	1	0.09mi
1576 Canberra Dr Stone Mountain, GA	3.0	2.0	1850	$1,900	$1.03	2d	1	0.09mi
1600 Devon Ct Stone Mountain, GA	4.0	3.0	2100	$2,145	$1.02	24d	1	0.14mi
4852 Lost Colony Ct Stone Mountain, GA	4.0	3.0	1694	$1,775	$1.05	24d	1	0.22mi
4169 Cedar Ridge Trl Stone Mountain, GA	3.0	2.0	1591	$1,870	$1.18	5d	1	0.40mi
4073 Cedar Ridge Trl Stone Mountain, GA	4.0	2.5	2100	$1,761	$0.84	43d	1	0.41mi
1420 S Hairston Rd Stone Mountain, GA	1.0–2.0	1.0–2.5	1011	$1,358	$1.34	19d	31	0.44mi
4939 Clubgreen Smt Stone Mountain, GA	4.0	2.5	2156	$2,139	$0.99	43d	1	0.63mi
1247 Adcox Rd Stone Mountain, GA	1.0–2.0	1.0–2.0	919	$1,259	$1.37	1d	10	0.66mi
1922 Manhattan Pkwy Decatur, GA	2.0	2.5	1814	$2,000	$1.10	5d	1	0.79mi
4935 Millstone Walk Stone Mountain, GA	3.0	2.5	1248	$1,950	$1.56	5d	1	0.85mi
2014 Manhattan Pkwy Decatur, GA	3.0	2.5	1620	$1,956	$1.21	5d	1	0.87mi
4612 Grand Central Pkwy Decatur, GA	2.0	2.5	1328	$2,100	$1.58	24d	1	0.91mi
1338 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1844	$1,900	$1.03	1d	1	0.92mi
1299 To Lani Path Stone Mountain, GA	3.0	2.0	1507	$1,675	$1.11	12d	1	0.92mi
5118 Rocky Gln Stone Mountain, GA	4.0	2.0	1932	$2,100	$1.09	43d	1	0.93mi
1563 Pine Glen Cir Decatur, GA	3.0	2.0	1608	$1,695	$1.05	5d	1	0.93mi
1373 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1296	$1,773	$1.37	24d	1	0.93mi
1859 Broadway St Decatur, GA	3.0	2.5	1620	$2,200	$1.36	3d	1	0.95mi
1401 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1320	$1,675	$1.27	12d	1	0.95mi
1183 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1373	$1,751	$1.28	5d	1	0.97mi
1406 High Meadow Dr Stone Mountain, GA	3.0	2.0	1621	$900	$0.56	21d	1	0.98mi
1406 High Meadow Dr Stone Mountain, GA	3.0	2.0	1621	$1,625	$1.00	12d	1	0.98mi
1228 Mill Lake Cir Stone Mountain, GA	3.0	2.0	1344	$1,645	$1.22	43d	1	1.00mi
1217 To Lani Path Stone Mountain, GA	3.0	2.5	1404	$1,754	$1.25	1d	1	1.01mi
1127 Mainstreet Valley Dr Stone Mountain, GA	2.0	2.0	1074	$1,731	$1.61	21d	1	1.01mi
4336 Glenhaven Dr Decatur, GA	4.0	3.0	2100	$2,500	$1.19	43d	1	1.03mi
1127 Cherokee Hts Stone Mountain, GA	4.0	3.0	2184	$1,831	$0.84	12d	1	1.23mi
1038 S Hairston Rd Stone Mountain, GA	1.0–3.0	1.0–2.0	912	$1,285	$1.41	5d	1	1.24mi
1102 Cherokee Hts Stone Mountain, GA	4.0	2.5	1867	$2,140	$1.15	11d	1	1.24mi
1380 Colony Hill Ct Stone Mountain, GA	3.0	1.5	1350	$1,500	$1.11	10d	1	1.25mi
1380 Colony Hill Ct Stone Mountain, GA	4.0	4.5	1350	$1,690	$1.25	12d	1	1.25mi
1000 Hidden Chase Stone Mountain, GA	1.0–3.0	1.0–2.0	1185	$1,510	$1.27	5d	1	1.29mi
1467 Muirfield Dr Stone Mountain, GA	3.0	2.0	1630	$1,870	$1.15	21d	1	1.36mi
1076 Martin Rd Stone Mountain, GA	4.0	2.0	1760	$2,011	$1.14	16d	1	1.46mi
924 Lake Drive Ter Stone Mountain, GA	3.0	2.0	1380	$1,670	$1.21	43d	1	1.47mi

Listing history 6 events

1. 2026-06-18
   days on market $75,000 Active 8 DOM
2. 2026-06-17
   days on market $75,000 Active 7 DOM
3. 2026-06-16
   days on market $75,000 Active 6 DOM
4. 2026-06-15
   days on market $75,000 Active 5 DOM
5. 2026-06-13
   remarks 334-char remark
6. 2026-06-13
   listed $75,000 Active 3 DOM

ⓘ 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 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 18 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 25% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 10 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,675
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,814
• − Management: −$1,814
• − Depreciation: −$2,182
• Taxable income: $11,164
• Est. tax owed @ 24.0%: −$2,679
• After-tax cash flow: $9,014/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: Dekalb County
• NCES district ID: 1301740
• Math proficiency: 19% ▼ -12.00%
• Reading proficiency: 28% ▼ -7.00%
• Median HH income: $51,448
• Composite: 20.92/100
• National rank: #8482
• State rank: #125 of 174 in GA

Livability — Redan

• Score: 64/100
• State rank: #274
• US rank: #14766

Category grades

Amenities F Commute F Cost of living A+ Crime D Employment C Housing A+ Health & safety F User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Redan, GA
• County: Dekalb County · 782,738 people
• City population: 29,279
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 29,240
• Household income: $70,325
• Rent vs Own: 39.2% rent · 60.8% own
• Severe rent burden: 1106.0

Population outlook (DeKalb County) Hauer SSP2

• Today (2025): 839,977 people
• By 2030: 891,768 · +6.2%
• By 2040: 988,894 · +17.7%
• By 2050: 1,074,583 · +27.9%
• By 2075: 1,245,026 · +48.2%
• By 2100: 1,303,135 · +55.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (84%)
• Race & ethnicity: Black 84% White 5% Hispanic / Latino 5% Two or more races 5%
• Common ancestry: Swedish 1% Russian 1%
• Foreign-born: 11% · Canada
• Languages at home: 90% English-only · Spanish 4% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · DeKalb

• 2024 margin: Solid D (+64.8) · D 81.9% · R 17.1% · Other 1.0%
• 2008→2024 swing: +6.1pp toward D · 2008: 58.6pp · 2024: 64.8pp
• All cycles: 2024: D+64.8 2020: D+67.4 2016: D+64.8 2012: D+56.8 2008: D+58.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -169.92%
• Current HPI: 206.5421
• Rent YoY: ▲ 3.72%
• 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

-41.6% since first listed

36 events — show timeline

• 2026-06-10 Listed $75,000 FMLS
• 2026-06-10 Listed $75,000 GAMLS
• 2023-05-20 Rental Removed — RENT.
• 2022-02-07 Sold (MLS) $282,000 GAMLS
• 2022-02-07 Sold (MLS) $282,000 FMLS
• 2022-01-22 Pending — FMLS
• 2022-01-16 Contingent — FMLS
• 2022-01-15 Listing Removed — GAMLS
• 2022-01-10 Listed $264,900 GAMLS
• 2022-01-10 Listed $264,900 FMLS
• 2021-04-08 Sold (Public Records) $225,000 Public Records
• 2021-04-06 Listing Removed — GAMLS
• 2021-03-31 Sold (MLS) $225,000 GAMLS
• 2021-03-31 Sold (MLS) $225,000 FMLS
• 2021-03-04 Pending — GAMLS
• 2021-03-04 Pending — FMLS
• 2021-03-02 Relisted — GAMLS
• 2021-03-02 Relisted — FMLS
• 2021-02-12 Pending — GAMLS
• 2021-02-12 Pending — FMLS
• 2021-02-10 Price Changed $215,000 GAMLS
• 2021-02-10 Price Changed $215,000 FMLS
• 2021-02-09 Relisted — GAMLS
• 2021-02-09 Relisted — FMLS
• 2020-11-02 Pending — FMLS
• 2020-11-02 Pending — GAMLS
• 2020-10-30 Listed $189,900 GAMLS
• 2020-10-30 Listed $189,900 FMLS
• 2018-12-24 Sold (Public Records) $118,500 Public Records
• 2018-12-14 Sold (MLS) $118,500 GAMLS
• 2018-12-14 Sold (MLS) $118,500 FMLS
• 2018-11-15 Pending — FMLS
• 2018-11-14 Listing Removed — GAMLS
• 2018-11-14 Listed $140,000 GAMLS
• 2018-11-14 Listed $140,000 FMLS
• 2003-12-19 Sold (Public Records) $128,500 Public Records

Property tax history

+3.4%/yr

Latest (2025): $4,770 · -2.7% YoY. Source: county tax records.