3677 Largo Ln SW · Atlanta, GA 30331

$219,000

3 bd · 1.0 ba · 1,236 sqft · SingleFamily public records · 6 Days on market

Built 1964 0.44 ac lot Est $201k · 9% over

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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).

• Cash flow +14.9/30.0
• DSCR +4.5/10.0
• Livability +4.2/5.0
• 1% rule +3.9/10.0
• ARV discount +3.6/15.0
• 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

Adorable, brick ranch home on large lot; big front and backyard with deck. Hardwood floors; natural light. Great home or investment property. BACK ON MARKET DUE TO BUYER FINANCING. DON'T MISS OUT ON THIS GREAT OPPORTUNITY. WON'T LAST LONG!

Key facts

• 0.44 acre lot
• Garage
• Built 1964

Property features AI

Exterior

• Parking: Detached garage with 1 garage space; Driveway parking; Open parking available
• Utilities: Public water; Public sewer; Electricity available; Cable available
• Home design: One level; Brick on three sides; Resale property
• Construction: Composition roof
• Exterior features: Deck; Front porch; Rain gutters; Rear stairs

Interior

• Kitchen: Stone counters; Cabinets; Open view to family room; Electric cooktop; Microwave; Dishwasher; Refrigerator
• Bedrooms: Three main-level bedrooms; Primary suite on main level; Roommate floor plan
• Flooring: Hardwood floors; Tile floors
• Bathrooms: Two full bathrooms; Main-level bathrooms: two; Primary bathroom with tub/shower combo
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Window treatments; No common walls; Other interior features; Exterior-entry basement
• Laundry & utility: Laundry on main level; Laundry located in garage; Washer and dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $219k.

Deal economics

• At list price, monthly cash flow is $7 ($90/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (11.3% below list).
• Recommended offer: $194k (11.3% below list) — sets the bar for 1% rule.
• Cap rate 6.6% 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: Continental Colony Elementary School (math 2% / reading 2%, grade F, #1,204 of 1,228 statewide, top 100%, 371 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 6% at this address vs 32% district-wide (-26 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); 487 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).

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.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 12y 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 $105k; list at $219k implies a 109% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: major flood risk; 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.

Recommended offer $194,349 (11.3% below list)

Questions for the listing agent

1. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.89% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.23%
• DSCR: 1.05
• GRM: 9.4

CMA / ARV

• ARV (on-the-fly): $201,468
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3761 N Camp Creek Pkwy SW	0.33mi	3/1.5	1,257 (+2%)	17mo	$170,000	$135	66
3640 Narron Dr	0.23mi	3/2.0	1,344 (+9%)	8mo	$305,000	$227	64
3730 Stephanie Dr SW	0.43mi	3/1.0	1,150 (-7%)	8mo	$188,000	$163	62
2623 Rex Ave SW	0.37mi	3/2.0	1,150 (-7%)	8mo	$160,000	$139	60
3787 Stephanie Dr SW	0.42mi	3/1.5	1,125 (-9%)	9mo	$200,000	$178	56
2611 Rex Ave SW	0.39mi	3/1.0	1,054 (-15%)	4mo	$160,000	$152	54
2502 Barge Road Southwest Rd SW	0.49mi	3/2.0	1,132 (-8%)	9mo	$235,000	$208	52
2870 Darrah Ct SW	0.30mi	4/2.5 (+1)	1,306 (+6%)	17mo	$174,000	$133	52
3846 Narron Dr SW	0.25mi	3/2.0	1,080 (-13%)	16mo	$145,000	$134	50
3539 Meadowridge Dr SW	0.52mi	3/2.0	1,080 (-13%)	5mo	$217,000	$201	46
2421 Fairburn Rd	0.63mi	2/1.0 (-1)	1,093 (-12%)	4mo	$120,000	$110	43
3559 Sherbrooke Way SW	0.56mi	3/2.0	1,100 (-11%)	16mo	$226,000	$205	39

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: -16.5%
• Equity multiple: 0.42×
• Total profit: $-35,694
• Equity at exit: $32,654

10-year hold

• IRR: -8.9%
• Equity multiple: 0.46×
• Total profit: $-33,250
• 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

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: 9.4×

Monthly cashflow live

• Estimated rent: $1,943 high
• Mortgage (P&I): −$1,148
• Tax from tax record: −$233 /mo · $2,792/yr
• Insurance: −$91
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $7

Break-even live

Break-even rent $1,934

Max offer price $219,000

Occupancy floor 95%

Sensitivity live

Price	-10% $131	-5% $69	+0% $7	+5% $-55	+10% $-117
Rent	-10% $-146	-5% $-69	+0% $7	+5% $84	+10% $161
Rate	-1.0pp $118	-0.5pp $63	base $7	+0.5pp $-49	+1.0pp $-107

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: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3596 Indian Rock Rd SW Atlanta, GA	3.0	1.5	1198	$2,000	$1.67	4d	1	0.18mi
2750 Barge Rd SW Atlanta, GA	1.0–3.0	1.0–2.0	986	$2,371	$2.40	0d	51	0.27mi
3638 Barrow Pl SW Atlanta, GA	3.0	2.0	1200	$1,695	$1.41	25d	1	0.28mi
2800 Alexandria Dr SW Atlanta, GA	3.0	2.0	1208	$1,674	$1.39	15d	1	0.30mi
2840 Alexandria Dr SW Atlanta, GA	4.0	2.0	1209	$2,500	$2.07	0d	1	0.36mi
2511 Susan Ln SW Atlanta, GA	3.0	2.0	1277	$1,625	$1.27	0d	1	0.43mi
2535 Rex Ave SW Atlanta, GA	3.0	2.0	1443	$1,850	$1.28	25d	1	0.50mi
3560 Eagle Ct SW Atlanta, GA	3.0	2.5	1480	$1,995	$1.35	8d	1	0.51mi
3381 Greenbriar Pkwy SW Atlanta, GA	1.0–2.0	1.0–2.0	836	$1,416	$1.69	25d	1	0.57mi
3488 Cardinal Dr SW Atlanta, GA	3.0	2.5	1421	$2,100	$1.48	25d	1	0.61mi
2589 Coventry St SW Atlanta, GA	3.0	2.5	1421	$1,995	$1.40	25d	2	0.65mi
3596 Raven Way Atlanta, GA	3.0	2.5	1421	$1,965	$1.38	25d	1	0.70mi
2787 Deerwood Ln SW Atlanta, GA	3.0	2.5	1460	$1,900	$1.30	25d	1	0.76mi
2999 Continental Colony Pkwy SW Atlanta, GA	1.0–2.0	1.0–2.0	947	$1,429	$1.51	4d	5	0.91mi
3540 N Camp Creek Pkwy SW Atlanta, GA	1.0–5.0	1.0–2.0	1100	$1,425	$1.30	25d	1	0.93mi
2311 Cherry Blossom Dr SW Atlanta, GA	3.0	2.0	1311	$1,750	$1.33	25d	1	0.93mi
4058 Blanton Ave SW Atlanta, GA	4.0	2.0	1476	$1,750	$1.19	18d	1	1.02mi
3901 Campbellton Rd SW Unit 3901-L04 Atlanta, GA	2.0	1.5	1093	$1,140	$1.04	25d	1	1.04mi
3901 Campbellton Rd SW Unit 3909-K01 Atlanta, GA	2.0	1.5	1093	$1,199	$1.10	25d	1	1.04mi
3901 Campbellton Rd SW Unit 3909-M06 Atlanta, GA	2.0	1.5	1093	$1,150	$1.05	25d	1	1.04mi
2164 Camp Ground Rd SW Atlanta, GA	3.0	1.5	1128	$1,595	$1.41	25d	1	1.07mi
2211 Butner Rd SW Atlanta, GA	4.0	2.0	1336	$1,875	$1.40	25d	1	1.10mi
4037 Braxton Pl SW Unit 4037 Atlanta, GA	4.0	3.0	1397	$2,100	$1.50	25d	1	1.21mi
3261 Saville St SW Atlanta, GA	3.0	2.5	1376	$2,100	$1.53	3d	1	1.21mi
4043 Avalon Rd SW Atlanta, GA	4.0	3.0	1434	$2,300	$1.60	25d	1	1.24mi
3122 Meadowstone Ln SW Atlanta, GA	3.0	2.5	1336	$2,540	$1.90	25d	1	1.25mi
3122 Meadowstone Ln SW Atlanta, GA	3.0	2.5	1336	$2,440	$1.83	19d	1	1.25mi
2100 Southwood Blvd SW Atlanta, GA	1.0–2.0	1.0–2.0	942	$1,537	$1.63	0d	16	1.28mi
3507 Redwine Rd Atlanta, GA	2.0	2.0–2.5	1148	$1,660	$1.45	0d	3	1.41mi
4211 Campbellton Rd SW Atlanta, GA	3.0	2.0	1384	$2,050	$1.48	23d	1	1.46mi
2111 Kimberly Rd SW Atlanta, GA	2.0	1.0	996	$1,600	$1.61	8d	1	1.47mi

Listing history 5 events

1. 2026-06-21
   days on market $219,000 Active 6 DOM
2. 2026-06-18
   days on market $219,000 Active 3 DOM
3. 2026-06-17
   days on market $219,000 Active 2 DOM
4. 2026-06-15
   remarks 516-char remark
5. 2026-06-15
   listed $219,000 Active 1 DOM

ⓘ 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: $2,792 · $233/mo
• Projected year-2 tax: $2,792 · $233/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 7/10 Severe FEMA zone X (unshaded) · 78% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥103°F today · 18 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,322
• − Mortgage interest: −$12,267
• − Property taxes: −$2,792
• − Insurance: −$1,762
• − Repairs & maintenance: −$1,866
• − Management: −$1,866
• − Depreciation: −$6,371
• Taxable loss: −$3,601
• Est. tax savings @ 24.0%: +$864
• After-tax cash flow: $954/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

+745.6% since first listed

38 events — show timeline

• 2026-06-09 Listed $219,000 FMLS
• 2018-08-08 Sold (Public Records) $105,000 Public Records
• 2018-08-06 Sold (MLS) $105,000 GAMLS
• 2018-08-06 Sold (MLS) $105,000 FMLS
• 2018-07-09 Pending — FMLS
• 2018-06-28 Pending — GAMLS
• 2018-06-28 Contingent — FMLS
• 2018-06-22 Relisted — GAMLS
• 2018-06-22 Relisted — FMLS
• 2018-05-17 Pending — GAMLS
• 2018-05-17 Pending — FMLS
• 2018-05-04 Listed $95,000 GAMLS
• 2018-05-04 Listed $95,000 FMLS
• 2015-04-27 Price Changed $52,000 GAMLS
• 2015-01-27 Price Changed $52,000 FMLS
• 2015-01-27 Listing Removed — FMLS
• 2015-01-23 Sold (Public Records) $52,000 Public Records
• 2015-01-21 Sold (MLS) $52,000 GAMLS
• 2015-01-15 Price Changed $53,000 FMLS
• 2015-01-15 Sold (MLS) $52,000 FMLS
• 2015-01-02 Listed — FMLS
• 2014-12-30 Listing Removed — FMLS
• 2014-12-06 Pending — FMLS
• 2014-12-02 Pending — GAMLS
• 2014-12-02 Contingent — FMLS
• 2014-12-02 Price Changed $53,000 GAMLS
• 2014-11-08 Price Changed $49,000 GAMLS
• 2014-11-08 Price Changed $53,000 GAMLS
• 2014-11-07 Price Changed $53,000 FMLS
• 2014-11-07 Price Changed $49,000 FMLS
• 2014-10-18 Price Changed $52,000 GAMLS
• 2014-10-17 Price Changed $52,000 FMLS
• 2014-09-27 Price Changed $59,900 GAMLS
• 2014-09-26 Price Changed $59,900 FMLS
• 2014-08-13 Listed $65,000 GAMLS
• 2014-08-13 Listed $65,000 FMLS
• 2007-06-14 Sold (Public Records) $115,000 Public Records
• 1975-07-31 Sold (Public Records) $25,900 Public Records

Property tax history

+2.7%/yr

Latest (2025): $2,792 · -4.2% YoY. Source: county tax records.