638 Waynes Ct SE · 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 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
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 +25.0/30.0
- ARV discount +10.4/15.0
- DSCR +8.2/10.0
- 1% rule +5.5/10.0
- Livability +4.2/5.0
- Rent growth +3.9/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$219,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to this charming and spacious 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac in Southeast Atlanta! Featuring over 1,500 square feet of living space, this well-maintained home offers a bright open layout with a large family room, eat-in kitchen, separate dining area, and a desirable primary suite on the main level. The oversized secondary bedrooms provide plenty of flexibility for guests, a home office, or growing households. Enjoy outdoor living in the private fenced backyard with room to relax, entertain, or garden. Conveniently located near schools, shopping, MARTA, Downtown Atlanta, Hartsfield-Jackson Airport, and major interstates, this property is perfect for first-time buyers or savvy investors looking for strong rental potential. Don't miss this incredible opportunity!
Key facts
- Bright open layout
- Large family room
- Eat-in kitchen
Tags
Property features AI
Exterior
- Parking: Garage (2-car)
- Utilities: Public water; Public sewer; 110-volt electrical service; Cable available; Electricity available; Sewer available; Underground utilities; Water available
- Home design: Two levels; Brick front with vinyl siding; Composition roof; Resale property; Slab foundation
- Construction: Brick front and vinyl siding construction; Composition roof; Slab foundation
- Exterior features: Private yard; Deck
Interior
- Kitchen: Eat-in kitchen with a view to the family room; Dishwasher; Refrigerator
- Bedrooms: Three upper-level bedrooms; Oversized primary/ master bedroom
- Flooring: Laminate flooring
- Bathrooms: Two full bathrooms; One main-level bathroom; Primary bath with tub/shower combo
- Heating & cooling: Central heating; Central air
- Interior features: Walk-in closet(s); Insulated windows; One fireplace in the family room
- Laundry & utility: Dedicated laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $219k.
Deal economics
- At list price, monthly cash flow is $477 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $219k).
- Recommended offer: $212k (3.0% below list) — sets the bar for market timing.
- Cap rate 8.9% 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: Joseph Humphries Elementary School (math 5% / reading 15%, grade F, #1,076 of 1,228 statewide, top 89%, 262 students, 100% FRL); Crawford Long Middle School (math 2% / reading 8%, grade F, #462 of 470 statewide, top 99%, 705 students, 100% FRL); South Atlanta High School (math 2% / reading 12%, grade F, #385 of 424 statewide, top 92%, 928 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 7% at this address vs 32% district-wide (-24 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 fast (+5.5%/yr); 179 active listings in the ZIP; 27 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 + 5.5% rent growth), your $61k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 44 days — a 3% lower offer ($212k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 15y 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 $56k; list at $219k implies a 291% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% 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.
Questions for the listing agent
- It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- 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
- 1.05% ✓
- Cap rate
- 8.91%
- Cash-on-cash
- 9.33%
- DSCR
- 1.42
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $234,228
- List price
- $219,000
- Delta
- -6.50%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 620 Waynes Ct SE | 0.13mi | 3/2.5 | 1,623 (+3%) | 9mo | $230,000 | $142 | 82 |
| 638 Sandys Ln SE | 0.10mi | 4/2.0 (+1) | 1,555 (-2%) | 6mo | $230,000 | $148 | 80 |
| 831 River Gardens Dr SE | 0.04mi | 3/2.5 | 1,680 (+6%) | 16mo | $365,000 | $217 | 74 |
| 763 Tara Cir SE | 0.33mi | 3/2.5 | 1,620 (+2%) | 12mo | $186,000 | $115 | 70 |
| 594 Waynes Ct SE | 0.20mi | 4/2.5 (+1) | 1,500 (-5%) | 9mo | $226,500 | $151 | 70 |
| 712 River Gardens Dr | 0.18mi | 3/2.5 | 1,680 (+6%) | 17mo | $419,990 | $250 | 67 |
| 591 River Gardens Dr SE | 0.34mi | 3/2.5 | 1,680 (+6%) | 11mo | $363,110 | $216 | 65 |
| 816 River Gardens Dr SE | 0.34mi | 3/2.5 | 1,665 (+5%) | 16mo | $359,990 | $216 | 62 |
| 820 River Gardens Dr SE | 0.34mi | 3/2.5 | 1,680 (+6%) | 15mo | $349,990 | $208 | 62 |
| 585 River Gardens Dr SE | 0.34mi | 3/2.5 | 1,680 (+6%) | 16mo | $349,990 | $208 | 61 |
| 837 Forrest Cir SE | 0.48mi | 3/2.0 | 1,500 (-5%) | 13mo | $220,000 | $147 | 56 |
| 1004 Forrest Dr SE | 0.58mi | 4/2.0 (+1) | 1,639 (+4%) | 17mo | $250,000 | $153 | 45 |
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 · 5.45% rent growth · sell at horizon
- IRR
- 0.3%
- Equity multiple
- 1.01×
- Total profit
- $643
- Equity at exit
- $32,654
- IRR
- 12.1%
- Equity multiple
- 2.05×
- Total profit
- $64,539
- Equity at exit
- $18,935
Cash invested: $61,320 (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 30354
- Home prices YoY
- -17.5%
- Rents YoY
- 5.5%
- Active inventory
- 179
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $2,308 high interval (Pro) →
- Mortgage (P&I)
- −$1,148
- Tax from tax record
- −$107 /mo · $1,281/yr
- Insurance
- −$91
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$485
- Net cashflow
- $477
Break-even live
Sensitivity live
| Price | -10% $601 | -5% $539 | +0% $477 | +5% $415 | +10% $353 |
|---|---|---|---|---|---|
| Rent | -10% $294 | -5% $386 | +0% $477 | +5% $568 | +10% $659 |
| Rate | -1.0pp $587 | -0.5pp $533 | base $477 | +0.5pp $420 | +1.0pp $362 |
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
- $54,750
- Closing costs
- $6,570
- 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 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 831 River Gardens Dr Atlanta, GA | 3.0 | 2.5 | 1680 | $2,800 | $1.67 | 25d | 1 | 0.05mi |
| 633 Sandys Ln SE Atlanta, GA | 3.0 | 2.0 | 1314 | $1,950 | $1.48 | 6d | 1 | 0.12mi |
| 725 River Gardens Dr Atlanta, GA | 4.0 | 2.5 | 2235 | $3,100 | $1.39 | 25d | 1 | 0.20mi |
| 500 Hutchens Rd SE Atlanta, GA | 4.0 | 2.0 | 1248 | $2,400 | $1.92 | 17d | 1 | 0.25mi |
| 837 Forrest Cir SE Atlanta, GA | 3.0 | 2.0 | 1500 | $1,845 | $1.23 | 25d | 1 | 0.48mi |
| 3080 Forrest Park Rd SE Atlanta, GA | 3.0 | 2.0 | 1828 | $1,950 | $1.07 | 25d | 1 | 0.63mi |
| 454 Oak Dr SE Atlanta, GA | 4.0 | 3.0 | 1501 | $2,300 | $1.53 | 23d | 1 | 0.74mi |
| 445 Cleveland Ave SE Atlanta, GA | 2.0–3.0 | 1.0–2.0 | 1014 | $1,591 | $1.57 | 2d | 13 | 0.75mi |
| 382 Cologne Dr SE Atlanta, GA | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 0d | 1 | 0.89mi |
| 537 Jefferson Chase St SE Atlanta, GA | 3.0 | 2.5 | 1891 | $2,450 | $1.30 | 25d | 1 | 0.93mi |
| 585 McWilliams Rd SE #1406 Atlanta, GA | 3.0 | 2.5 | 1742 | $2,400 | $1.38 | 25d | 1 | 0.97mi |
| 2694 Fairlane Dr SE Atlanta, GA | 4.0 | 2.0 | 1372 | $2,800 | $2.04 | 25d | 1 | 0.99mi |
| 402 Mulberry Row SE Atlanta, GA | 3.0 | 2.5 | 2032 | $2,500 | $1.23 | 19d | 1 | 1.02mi |
| 473 Mulberry Row SE Atlanta, GA | 3.0 | 2.5 | 2096 | $2,400 | $1.15 | 20d | 1 | 1.03mi |
| 167 Alyson Ct SE Atlanta, GA | 4.0 | 2.0 | 1344 | $1,825 | $1.36 | 25d | 1 | 1.07mi |
| 3450 Forrest Park Rd SE Atlanta, GA | 1.0–3.0 | 1.0–2.0 | 1002 | $1,537 | $1.53 | 25d | 11 | 1.08mi |
| 585 McWilliams Rd SE #2402 Atlanta, GA | 2.0 | 2.5 | 1548 | $2,200 | $1.42 | 4d | 1 | 1.11mi |
| 585 McWilliams Rd SE #104 Atlanta, GA | 2.0 | 3.0 | 1500 | $2,078 | $1.39 | 21d | 1 | 1.14mi |
| 210 Oak Dr SE Atlanta, GA | 3.0 | 2.0 | 1330 | $1,400 | $1.05 | 25d | 1 | 1.15mi |
| 1037 Rebel Forest Dr SE Atlanta, GA | 3.0 | 2.0 | 1075 | $1,750 | $1.63 | 25d | 1 | 1.17mi |
| 131 Oak Dr SE Atlanta, GA | 3.0 | 2.0 | 1848 | $1,750 | $0.95 | 25d | 1 | 1.26mi |
| 1317 Redford Dr SE Atlanta, GA | 3.0 | 2.0 | 1137 | $2,100 | $1.85 | 25d | 1 | 1.29mi |
| 153 Werner Brook Way SW Atlanta, GA | 4.0 | 3.5 | 1940 | $2,750 | $1.42 | 5d | 1 | 1.29mi |
| 152 Ruzelle Dr SE Atlanta, GA | 4.0 | 1.5 | 1511 | $1,595 | $1.06 | 15d | 1 | 1.31mi |
| 78 Werner Brook Way SW Atlanta, GA | 3.0 | 2.5 | 1941 | $2,300 | $1.18 | 25d | 1 | 1.33mi |
| 3203 Bateman DR SE Hapeville, GA | 4.0 | 3.5 | 1941 | $2,700 | $1.39 | 4d | 1 | 1.38mi |
| 88 Werner Brook Way SW Unit 29 Atlanta, GA | 4.0 | 3.5 | 1941 | $3,100 | $1.60 | 8d | 1 | 1.43mi |
Listing history 38 events
-
2026-06-21days on market $219,000 Active 44 DOM
-
2026-06-18days on market $219,000 Active 41 DOM
-
2026-06-17days on market $219,000 Active 40 DOM
-
2026-06-16days on market $219,000 Active 39 DOM
-
2026-06-15days on market $219,000 Active 38 DOM
-
2026-06-13days on market $219,000 Active 36 DOM
-
2026-06-13days on market $219,000 Active 35 DOM
-
2026-06-09days on market $219,000 Active 32 DOM
-
2026-06-08pricedays on market $219,000 Active 31 DOM
Show marketing remark (804 chars)
Welcome to this charming and spacious 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac in Southeast Atlanta! Featuring over 1,500 square feet of living space, this well-maintained home offers a bright open layout with a large family room, eat-in kitchen, separate dining area, and a desirable primary suite on the main level. The oversized secondary bedrooms provide plenty of flexibility for guests, a home office, or growing households. Enjoy outdoor living in the private fenced backyard with room to relax, entertain, or garden. Conveniently located near schools, shopping, MARTA, Downtown Atlanta, Hartsfield-Jackson Airport, and major interstates, this property is perfect for first-time buyers or savvy investors looking for strong rental potential. Don't miss this incredible opportunity!
-
2026-06-07days on market $230,000 Active 30 DOM
-
2026-06-04days on market $230,000 Active 27 DOM
-
2026-06-03days on market $230,000 Active 26 DOM
-
2026-06-02days on market $230,000 Active 25 DOM
-
2026-06-01days on market $230,000 Active 24 DOM
-
2026-05-31days on market $230,000 Active 23 DOM
-
2026-05-08$230,000 New 804-char remark
Show marketing remark (804 chars)
Welcome to this charming and spacious 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac in Southeast Atlanta! Featuring over 1,500 square feet of living space, this well-maintained home offers a bright open layout with a large family room, eat-in kitchen, separate dining area, and a desirable primary suite on the main level. The oversized secondary bedrooms provide plenty of flexibility for guests, a home office, or growing households. Enjoy outdoor living in the private fenced backyard with room to relax, entertain, or garden. Conveniently located near schools, shopping, MARTA, Downtown Atlanta, Hartsfield-Jackson Airport, and major interstates, this property is perfect for first-time buyers or savvy investors looking for strong rental potential. Don't miss this incredible opportunity!
-
2026-05-08$230,000 Active 810-char remark
Show marketing remark (804 chars)
Welcome to this charming and spacious 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac in Southeast Atlanta! Featuring over 1,500 square feet of living space, this well-maintained home offers a bright open layout with a large family room, eat-in kitchen, separate dining area, and a desirable primary suite on the main level. The oversized secondary bedrooms provide plenty of flexibility for guests, a home office, or growing households. Enjoy outdoor living in the private fenced backyard with room to relax, entertain, or garden. Conveniently located near schools, shopping, MARTA, Downtown Atlanta, Hartsfield-Jackson Airport, and major interstates, this property is perfect for first-time buyers or savvy investors looking for strong rental potential. Don't miss this incredible opportunity!
-
2015-03-05price $56,000
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2015-03-02soldstatus $56,000
-
2015-02-17soldstatus $56,000 Sold
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2015-01-21status Under Contract
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2015-01-21price $60,000
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2014-10-14price $60,000
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2014-07-03$66,999 New
Show marketing remark (438 chars)
RENOVATED AWESOME HOME, WELL KEPT, MORE SPACIOUS THAN IT APPEARS. LARGE FAMILY ROOM, EAT IN KITCHEN, DINING AREA, MASTER ON THE MAIN. ALL BEDROOMS ARE LARGE,PRIVATE FENCED BACKYARD. NEW ROOF. HOMES SHOWS LIKE IT LOOKS. GREAT HOME FOR FIRST TIME BUYER OR INVESTOR. NOT A SHORT SALE OR FORECLOSURE. SOLD AS IT. MUST USE SELLERS LENDER TO PREQUAL AND SELLERS CLOSING ATTY. CLOSING ATTY HOLDS EARNEST MONEY. VACANT, SEE PRIVATE REMARKS.
-
2014-05-24historical
-
2013-10-24status Back On Market
-
2013-10-22status Under Contract
-
2013-06-25status Back On Market
-
2013-06-05historical Pending Approval
-
2013-06-02$65,000 New
-
2011-12-22soldstatus $45,000
-
2011-05-13historical
-
2011-04-29soldstatus $17,000 Sold
-
2011-04-21status Pending
-
2011-02-21status Active
-
2011-02-16status Pending
-
2011-01-03$20,900 Active
-
1994-02-25soldstatus $83,000
ⓘ 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
- $1,281 · $107/mo
- Projected year-2 tax
- $2,015 · $168/mo
- Expected delta
- +$733/yr (+$61/mo · 57.2%)
ⓘ 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 ≥104°F today · 18 d/yr by 30 yrs out
- Wind 6/10 Major 27% 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
- $27,696
- − Mortgage interest
- −$12,267
- − Property taxes
- −$1,281
- − Insurance
- −$1,095
- − Repairs & maintenance
- −$2,216
- − Management
- −$2,216
- − Depreciation
- −$6,371
- Taxable income
- $2,250
- Est. tax owed @ 24.0%
- −$540
- After-tax cash flow
- $5,182/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)
- 16,182
- Household income
- $63,189
- Rent vs Own
- Severe rent burden
- 930.0
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 (68%)
- Race & ethnicity
- Black 68% Hispanic / Latino 16% White 10% Two or more races 9% Native American 2% Asian 1%
- Hispanic origin (detail)
- Mexican 13%
- Common ancestry
- Italian 2% Romanian 1% Swedish 1%
- Foreign-born
- 11% · Canada, Vietnam, Guatemala
- Languages at home
- 81% English-only · Spanish 15% German/W. Germanic 1% Vietnamese 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
- ▼ -67.78%
- Current HPI
- 320.1111
- Rent YoY
- ▲ 5.45%
- 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
+163.9% since first listed25 events — show timeline
- 2026-06-08 Price Changed $219,000 GAMLS
- 2026-06-08 Price Changed $219,000 FMLS
- 2026-05-08 Listed $230,000 FMLS
- 2026-05-08 Listed $230,000 GAMLS
- 2015-03-05 Price Changed $56,000 GAMLS
- 2015-03-02 Sold (Public Records) $56,000 Public Records
- 2015-02-17 Sold (MLS) $56,000 GAMLS
- 2015-01-21 Pending — GAMLS
- 2015-01-21 Price Changed $60,000 GAMLS
- 2014-10-14 Price Changed $60,000 GAMLS
- 2014-07-03 Listed $66,999 GAMLS
- 2014-05-24 Listing Removed — GAMLS
- 2013-10-24 Relisted — GAMLS
- 2013-10-22 Pending — GAMLS
- 2013-06-25 Relisted — GAMLS
- 2013-06-05 Contingent — GAMLS
- 2013-06-02 Listed $65,000 GAMLS
- 2011-12-22 Sold (Public Records) $45,000 Public Records
- 2011-05-13 Listing Removed — FMLS
- 2011-04-29 Sold (MLS) $17,000 FMLS
- 2011-04-21 Pending — FMLS
- 2011-02-21 Relisted — FMLS
- 2011-02-16 Pending — FMLS
- 2011-01-03 Listed $20,900 FMLS
- 1994-02-25 Sold (Public Records) $83,000 Public Records
Property tax history
-1.9%/yrLatest (2025): $1,281 · -66.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…