684 Thomasville Blvd 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
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 5/10 · Moderate
- Chance of severe wind over 30 yrs
- 26.0%
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 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
- Livability +4.2/5.0
- Rent growth +3.3/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$120,650
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
Key facts
- 4,312 sq ft lot
- 2 parking spots
- Built 1991
Property features AI
Finance
- HOA & community: Near public transport; Close to schools; Near shopping
Exterior
- Parking: Driveway parking; 2 total parking spaces; Open parking available
- Utilities: Public water; Public sewer; 220-volt electrical service; Cable available; Electricity available; Natural gas available; Phone available
- Home design: Single-story (one level); Vinyl siding; Composition roof; Property listed as fixer
- Construction: Vinyl siding exterior; Composition roof
- Exterior features: Front porch; Patio
Interior
- Kitchen: Breakfast bar; Stained cabinets; Laminate counters; Open view to the family room; Dishwasher; Gas oven and gas range; Refrigerator
- Bedrooms: 3 main-level bedrooms; Primary bedroom on the main level
- Flooring: Carpet; Laminate
- Bathrooms: 2 full bathrooms; Master bath with tub/shower combo
- Heating & cooling: Central heating; Central air; Ceiling fans
- Interior features: Entrance foyer; 9 ft main-level ceilings; No shared/common walls; Factory-built fireplace in the family room
- Laundry & utility: Hall laundry; Gas water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $121k.
Deal economics
- At list price, monthly cash flow is $904 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $121k).
- Recommended offer: $117k (3.0% below list) — sets the bar for market timing.
- Cap rate 15.3% 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: 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 (+3.2%/yr); 391 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
- At $2,199/mo this rent would consume 52% of the median local household income ($51k/yr) (locally 2962% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $834 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 + 3.2% rent growth), your $34k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 37 days — a 3% lower offer ($117k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts; this cycle's ask has dropped $6k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→16/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 37 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
- 1.82% ✓
- Cap rate
- 15.28%
- Cash-on-cash
- 32.09%
- DSCR
- 2.43
- GRM
- 4.6
CMA / ARV
- ARV (on-the-fly)
- $273,615
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 684 Thomasville Blvd SE | 0.00mi | 3/2.0 (-1) | 1,479 (0%) | 1mo | $117,000 | $79 | 94 |
| 776 Norwood Rd SE | 0.50mi | 3/2.5 (-1) | 1,444 (-2%) | 2mo | $270,000 | $187 | 64 |
| 804 Thomasville Blvd SE | 0.19mi | 3/1.0 (-1) | 1,392 (-6%) | 11mo | $185,000 | $133 | 63 |
| 358 Schoen St SE | 0.52mi | 3/2.0 (-1) | 1,350 (-9%) | 1mo | $250,000 | $185 | 56 |
| 854 Mcdonough Blvd SE | 0.51mi | 3/2.0 (-1) | 1,385 (-6%) | 6mo | $145,000 | $105 | 55 |
| 638 Federal Ter SE | 0.70mi | 4/3.0 | 1,505 (+2%) | 8mo | $500,000 | $332 | 54 |
| 365 S Bend Ave SE | 0.61mi | 3/3.0 (-1) | 1,597 (+8%) | 3mo | $349,000 | $219 | 47 |
| 1985 Thomasville Dr SE | 0.63mi | 4/2.0 | 1,670 (+13%) | 6mo | $255,600 | $153 | 44 |
| 1888 Goddard St SE | 0.56mi | 3/2.5 (-1) | 1,600 (+8%) | 12mo | $340,000 | $213 | 44 |
| 673 Federal Ter SE | 0.62mi | 3/2.0 (-1) | 1,344 (-9%) | 10mo | $431,000 | $321 | 42 |
| 2126 Jernigan Dr | 0.66mi | 4/2.0 | 1,700 (+15%) | 7mo | $295,000 | $174 | 39 |
| 661 Federal Ter SE | 0.63mi | 3/2.0 (-1) | 1,272 (-14%) | 10mo | $130,000 | $102 | 34 |
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 · 3.23% rent growth · sell at horizon
- IRR
- 27.4%
- Equity multiple
- 2.14×
- Total profit
- $38,538
- Equity at exit
- $17,989
- IRR
- 35.0%
- Equity multiple
- 4.25×
- Total profit
- $109,894
- Equity at exit
- $10,432
Cash invested: $33,782 (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 30315
- Rents YoY
- 3.2%
- Active inventory
- 391
- Price-to-rent
- 4.6×
Monthly cashflow live
- Estimated rent
- $2,199 high interval (Pro) →
- Mortgage (P&I)
- −$633
- Tax est. 1.5%
- −$151 /mo · $1,810/yr
- Insurance
- −$50
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$462
- Net cashflow
- $904
Break-even live
Sensitivity live
| Price | -10% $987 | -5% $945 | +0% $904 | +5% $862 | +10% $820 |
|---|---|---|---|---|---|
| Rent | -10% $730 | -5% $817 | +0% $904 | +5% $990 | +10% $1,077 |
| Rate | -1.0pp $964 | -0.5pp $934 | base $904 | +0.5pp $872 | +1.0pp $840 |
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
- $30,162
- Closing costs
- $3,620
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 752 McDonough Blvd SE Atlanta, GA | 3.0 | 2.0 | 1120 | $1,895 | $1.69 | 25d | 1 | 0.53mi |
| 752 McDonough Blvd SE Atlanta, GA | 3.0 | 2.0 | 1120 | $1,895 | $1.69 | 0d | 1 | 0.53mi |
| 972 Welch St SE Atlanta, GA | 3.0 | 2.0 | 1100 | $900 | $0.82 | 6d | 1 | 0.59mi |
| 976 McKay Dr SE Atlanta, GA | 3.0 | 1.0 | 1200 | $1,695 | $1.41 | 4d | 1 | 0.59mi |
| 2087 Lakewood Trl SE Atlanta, GA | 3.0 | 2.5 | 1056 | $2,256 | $2.14 | 25d | 1 | 0.66mi |
| 1114 Oak Knoll Ter SE Atlanta, GA | 4.0 | 2.0 | 1525 | $2,800 | $1.84 | 25d | 1 | 0.67mi |
| 349 Laquita Dr SE Atlanta, GA | 3.0 | 2.5 | 1587 | $1,850 | $1.17 | 20d | 1 | 0.67mi |
| 340 Adelle St SE Atlanta, GA | 3.0 | 1.0 | 1122 | $1,500 | $1.34 | 4d | 1 | 0.71mi |
| 9 Gould St SE Atlanta, GA | 3.0 | 2.0 | 1800 | $2,000 | $1.11 | 25d | 1 | 0.72mi |
| 293 Jordan St SE Atlanta, GA | 3.0 | 2.5 | 1637 | $2,500 | $1.53 | 25d | 1 | 0.78mi |
| 1845 Lakewood Ter SE Atlanta, GA | 3.0 | 2.0 | 1859 | $1,850 | $1.00 | 14d | 1 | 0.80mi |
| 1418 Boulevard SE Atlanta, GA | 4.0 | 2.0 | 1600 | $975 | $0.61 | 5d | 1 | 0.81mi |
| 386 Lindsey Dr SE Atlanta, GA | 3.0 | 1.0 | 1040 | $1,793 | $1.72 | 0d | 1 | 0.87mi |
| 402 McDonough Blvd SE Atlanta, GA | 3.0 | 3.5 | 1270 | $2,350 | $1.85 | 25d | 1 | 0.92mi |
| 1875 Conrad Ave SE Atlanta, GA | 3.0 | 2.0 | 1088 | $1,768 | $1.62 | 0d | 1 | 0.92mi |
| 1394 Cozy Cir SE Atlanta, GA | 3.0 | 3.0 | 1500 | $2,850 | $1.90 | 15d | 1 | 1.00mi |
| 1569 Jonesboro Rd SE Atlanta, GA | 4.0 | 2.0 | 1680 | $2,400 | $1.43 | 20d | 1 | 1.00mi |
| 1569 Jonesboro Rd SE Atlanta, GA | 4.0 | 2.0 | 1680 | $2,400 | $1.43 | 18d | 1 | 1.00mi |
| 1496 Woodland Ave SE Atlanta, GA | 3.0 | 3.5 | 1144 | $2,600 | $2.27 | 3d | 1 | 1.00mi |
| 172 Meador Way SE Atlanta, GA | 3.0 | 2.0 | 1100 | $1,950 | $1.77 | 25d | 1 | 1.03mi |
| 76 Schell Rd SE Atlanta, GA | 3.0 | 1.0 | 1080 | $1,623 | $1.50 | 25d | 1 | 1.06mi |
| 1267 Zucchini Cir SE Atlanta, GA | 3.0 | 3.0 | 1500 | $3,300 | $2.20 | 8d | 1 | 1.11mi |
| 1267 Zucchini Cir SE Atlanta, GA | 3.0 | 3.0 | 1500 | $3,800 | $2.53 | 25d | 1 | 1.11mi |
| 1515 Jonesboro Rd SE Atlanta, GA | 3.0 | 2.0 | 1360 | $2,300 | $1.69 | 14d | 1 | 1.15mi |
| 104 Mission Way SE Atlanta, GA | 3.0 | 3.5 | 1550 | $2,800 | $1.81 | 5d | 1 | 1.16mi |
| 41 Meldon Ave SE Atlanta, GA | 4.0 | 1.5 | 1323 | $1,495 | $1.13 | 18d | 1 | 1.20mi |
| 117 Brown Ave SE Atlanta, GA | 4.0 | 2.5 | 1632 | $1,945 | $1.19 | 15d | 1 | 1.25mi |
| 1144 Regis Rd SE Atlanta, GA | 3.0 | 1.0 | 1430 | $1,725 | $1.21 | 25d | 1 | 1.25mi |
| 585 McWilliams Rd SE #1406 Atlanta, GA | 3.0 | 2.5 | 1742 | $2,400 | $1.38 | 25d | 1 | 1.27mi |
| 1037 Rebel Forest Dr SE Atlanta, GA | 3.0 | 2.0 | 1075 | $1,750 | $1.63 | 25d | 1 | 1.27mi |
| 1317 Redford Dr SE Atlanta, GA | 3.0 | 2.0 | 1137 | $2,100 | $1.85 | 25d | 1 | 1.31mi |
| 95 Thirkield Ave SE Atlanta, GA | 3.0 | 2.0 | 1096 | $1,850 | $1.69 | 0d | 1 | 1.31mi |
| 95 Thirkield Ave SE Atlanta, GA | 3.0 | 2.0 | 1096 | $1,850 | $1.69 | 17d | 1 | 1.31mi |
| 117 Thayer Ave SE Atlanta, GA | 3.0 | 1.0 | 1241 | $1,666 | $1.34 | 15d | 1 | 1.32mi |
| 715 Hobart Ave SE Atlanta, GA | 3.0 | 2.5 | 1764 | $6,000 | $3.40 | 21d | 1 | 1.38mi |
| 430 Englewood Ave SE Atlanta, GA | 3.0 | 1.0–2.0 | 938 | $3,605 | $3.84 | 2d | 28 | 1.39mi |
| 305 Banberry Dr SE Atlanta, GA | 3.0 | 1.0 | 1000 | $1,550 | $1.55 | 0d | 1 | 1.39mi |
| 141 McDonough Blvd SE Atlanta, GA | 3.0 | 2.0 | 1242 | $2,250 | $1.81 | 25d | 1 | 1.42mi |
| 2332 Baywood Dr SE Atlanta, GA | 3.0 | 2.0 | 1100 | $1,400 | $1.27 | 19d | 1 | 1.49mi |
| 2145 Macon Dr SW Atlanta, GA | 3.0 | 1.0 | 1059 | $1,450 | $1.37 | 25d | 1 | 1.49mi |
Listing history 16 events
-
2026-05-22soldstatus $117,000 Sold 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-05-04status Under Contract 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-05-04status Pending
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-04-19price $120,650 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-04-19price $120,650
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-04-12status Active
-
2026-04-11status Back On Market 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-03-13status Under Contract 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-03-13status Pending
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-02-26$127,000 New 886-char remark
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
-
2026-02-26$127,000 Active
Show marketing remark (886 chars)
Don't miss this incredible opportunity to own a home just minutes from Downtown Atlanta, Grant Park, East Atlanta, and the Atlanta Beltline - a prime location with strong surrounding values and impressive upside potential. This ranch-style home features a spacious living room with fireplace and a kitchen complete with breakfast bar, ample cabinet storage, and generous counter space. The oversized primary suite includes a sitting area that could easily be transformed into a true spa-like ensuite retreat, and the converted garage provides an additional bedroom with flexible space for guests, a home office, or added rental potential. Bring your contractor and designer to reimagine and elevate this property into something truly special. Opportunities like this in such a sought-after area don't last long ! ***cash or hard money loans only *** Utilities will not be turned on ***
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2025-08-15historical
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2025-07-10$80,000 Active
-
1992-01-01soldstatus $71,000
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1991-03-12soldstatus $12,500
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1991-03-12soldstatus $67,800
ⓘ 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 ≥105°F today · 16 d/yr by 30 yrs out
- Wind 5/10 Major 26% 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
- $26,389
- − Mortgage interest
- −$6,758
- − Property taxes
- −$1,810
- − Insurance
- −$603
- − Repairs & maintenance
- −$2,111
- − Management
- −$2,111
- − Depreciation
- −$3,510
- Taxable income
- $9,486
- Est. tax owed @ 24.0%
- −$2,277
- After-tax cash flow
- $8,566/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)
- 34,264
- Household income
- $50,822
- Rent vs Own
- Severe rent burden
- 2962.0
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 (72%)
- Race & ethnicity
- Black 72% White 14% Hispanic / Latino 10% Two or more races 4%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Romanian 1% Italian 1% Lithuanian 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 90% English-only · Spanish 9% 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
- ▼ -281.87%
- Current HPI
- 176.673
- Rent YoY
- ▲ 3.23%
- 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 |
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| Retail | 1 | $160B |
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| Transportation / Logistics | 1 | $91B |
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| Airlines | 1 | $62B |
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| Consumer Goods | 1 | $47B |
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| Utilities | 1 | $25B |
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Price history
+836.0% since first listed16 events — show timeline
- 2026-05-22 Sold (MLS) $117,000 GAMLS
- 2026-05-04 Pending — GAMLS
- 2026-05-04 Pending — FMLS
- 2026-04-19 Price Changed $120,650 GAMLS
- 2026-04-19 Price Changed $120,650 FMLS
- 2026-04-12 Relisted — FMLS
- 2026-04-11 Relisted — GAMLS
- 2026-03-13 Pending — GAMLS
- 2026-03-13 Pending — FMLS
- 2026-02-26 Listed $127,000 FMLS
- 2026-02-26 Listed $127,000 GAMLS
- 2025-08-15 Listing Removed — FMLS
- 2025-07-10 Listed $80,000 FMLS
- 1992-01-01 Sold (Public Records) $71,000 Public Records
- 1991-03-12 Sold (Public Records) $67,800 Public Records
- 1991-03-12 Sold (Public Records) $12,500 Public Records
Property tax history
-2.0%/yrLatest (2025): $31 · -90.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…