734 Alfred Rd · 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 2/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 5/10 · Moderate
- Hot days now (above 103°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
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 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 +3.2/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investor Special! Solid ranch styled 3BR/1BA ranch located at 734 Alfred Rd NW, Atlanta, GA 30331, situated on a 0.21-acre lot. This 845 sq ft home, built in 1959, features a traditional single-level layout with a spacious living area, functional kitchen, and three well-sized bedrooms. Property offers strong renovation potential with good bones and a large yard ideal for outdoor space or future improvements. Conveniently located near I-20, I-285, schools, shopping, and Downtown Atlanta. Perfect opportunity for investors, flippers, or buyers looking to renovate and add value. Sold as-is.
Key facts
- Ranch styled
- Large yard
- Conveniently located
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $597 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $94k (6.0% below list) — sets the bar for market timing.
- Cap rate 13.5% 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: 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 (+2.6%/yr); 483 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 11,565 units permitted in Fulton County in 2024 (8,159 in 5+ unit buildings).
- This rent runs 31% of the median local income ($63k/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 $691 of loan paydown is wiped out by about $3k 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 + 2.6% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 87 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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 $82k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
- 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 87 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.63% ✓
- Cap rate
- 13.45%
- Cash-on-cash
- 25.58%
- DSCR
- 2.14
- GRM
- 5.1
CMA / ARV
- ARV (median comp)
- $223,730
- List price
- $100,000
- Delta
- -55.30%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 851 Amber Pl NW | 0.18mi | 3/1.0 | 825 (-2%) | 1mo | $150,000 | $182 | 87 |
| 3751 Amber Rd NW | 0.26mi | 3/1.0 | 825 (-2%) | 2mo | $150,000 | $182 | 82 |
| 774 Alfred Rd NW | 0.07mi | 3/1.0 | 825 (-2%) | 15mo | $108,700 | $132 | 81 |
| 812 Amber Pl NW | 0.12mi | 3/1.0 | 825 (-2%) | 15mo | $200,000 | $242 | 78 |
| 3828 Collier Dr | 0.34mi | 2/1.0 (-1) | 800 (-5%) | 2mo | $90,000 | $113 | 69 |
| 852 Alfred Rd NW | 0.20mi | 4/2.0 (+1) | 854 (+1%) | 16mo | $153,000 | $179 | 66 |
| 805 Sandy Creek Dr NW | 0.48mi | 3/1.0 | 875 (+4%) | 6mo | $85,000 | $97 | 66 |
| 3683 Fairlane Dr NW | 0.58mi | 3/1.0 | 875 (+4%) | 1mo | $120,000 | $137 | 66 |
| 474 Fairlock Ln NW | 0.49mi | 3/1.0 | 875 (+4%) | 13mo | $224,000 | $256 | 60 |
| 895 Mercury Dr NW | 0.31mi | 3/1.0 | 925 (+10%) | 14mo | $210,000 | $227 | 58 |
| 1076 Fairburn Rd NW | 0.40mi | 3/1.0 | 925 (+10%) | 10mo | $124,900 | $135 | 58 |
| 3560 Fairlane Dr NW | 0.71mi | 3/1.0 | 875 (+4%) | 16mo | $162,000 | $185 | 48 |
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
- IRR
- 18.8%
- Equity multiple
- 1.76×
- Total profit
- $21,228
- Equity at exit
- $14,910
- IRR
- 26.9%
- Equity multiple
- 3.32×
- Total profit
- $65,069
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 30331
- Home prices YoY
- -34.2%
- Rents YoY
- 2.6%
- Active inventory
- 483
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $1,630 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax est. 1.5%
- −$125 /mo · $1,500/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$342
- Net cashflow
- $597
Break-even live
Sensitivity live
| Price | -10% $666 | -5% $631 | +0% $597 | +5% $562 | +10% $528 |
|---|---|---|---|---|---|
| Rent | -10% $468 | -5% $532 | +0% $597 | +5% $661 | +10% $726 |
| Rate | -1.0pp $647 | -0.5pp $622 | base $597 | +0.5pp $571 | +1.0pp $545 |
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
- $25,000
- Closing costs
- $3,000
- 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 14 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3774 Clovis Ct NW Atlanta, GA | 3.0 | 1.0 | 1000 | $1,445 | $1.45 | 22d | 1 | 0.16mi |
| 842 Bonneville Ter NW Atlanta, GA | 2.0 | 2.0 | 1100 | $1,855 | $1.69 | 25d | 1 | 0.49mi |
| 470 Bolton Rd NW Unit D1 Atlanta, GA | 2.0 | 1.5 | 1100 | $1,395 | $1.27 | 25d | 1 | 0.56mi |
| 942 Fairburn Rd NW Atlanta, GA | 3.0 | 2.0 | 900 | $1,623 | $1.80 | 22d | 1 | 0.60mi |
| 3590 Collier Dr NW Atlanta, GA | 4.0 | 4.0 | 1110 | $1,100 | $0.99 | 11d | 1 | 0.63mi |
| 875 Fairburn Rd NW Atlanta, GA | 3.0 | 1.0 | 850 | $1,375 | $1.62 | 17d | 1 | 0.73mi |
| 3466 Fairlane Dr NW Atlanta, GA | 3.0 | 1.0 | 950 | $1,495 | $1.57 | 25d | 1 | 0.87mi |
| 3669 Martin Luther King Jr Dr SW Atlanta, GA | 2.0 | 1.5 | 800 | $1,300 | $1.62 | 6d | 2 | 0.92mi |
| 1070 Bolton Rd NW Atlanta, GA | 1.0–3.0 | 1.0–3.0 | 1094 | $2,196 | $2.01 | 3d | 12 | 1.08mi |
| 3456 Thompson Dr NW Atlanta, GA | 3.0 | 1.0 | 975 | $1,750 | $1.79 | 25d | 1 | 1.14mi |
| 1021 Harwell Rd NW Atlanta, GA | 1.0–2.0 | 1.0–1.5 | 1002 | $1,534 | $1.53 | 8d | 15 | 1.21mi |
| 586 Oakside Dr SW Unit A Atlanta, GA | 3.0 | 1.0 | 1075 | $1,325 | $1.23 | 15d | 1 | 1.38mi |
| 586 Oakside Dr SW Unit B Atlanta, GA | 2.0 | 1.0 | 1075 | $1,065 | $0.99 | 15d | 1 | 1.38mi |
| 40 Candlelight Ln SW Unit A Atlanta, GA | 2.0 | 2.0 | 1098 | $1,500 | $1.37 | 25d | 1 | 1.45mi |
Listing history 12 events
-
2026-06-04days on market $100,000 Active 87 DOM
-
2026-06-03days on market $100,000 Active 86 DOM
-
2026-06-02days on market $100,000 Active 85 DOM
-
2026-06-01days on market $100,000 Active 84 DOM
-
2026-05-31days on market $100,000 Active 83 DOM
-
2026-03-08$100,000 New 593-char remark
Show marketing remark (593 chars)
Investor Special! Solid ranch styled 3BR/1BA ranch located at 734 Alfred Rd NW, Atlanta, GA 30331, situated on a 0.21-acre lot. This 845 sq ft home, built in 1959, features a traditional single-level layout with a spacious living area, functional kitchen, and three well-sized bedrooms. Property offers strong renovation potential with good bones and a large yard ideal for outdoor space or future improvements. Conveniently located near I-20, I-285, schools, shopping, and Downtown Atlanta. Perfect opportunity for investors, flippers, or buyers looking to renovate and add value. Sold as-is.
-
2026-03-06historical $100,000 593-char remark
Show marketing remark (593 chars)
Investor Special! Solid ranch styled 3BR/1BA ranch located at 734 Alfred Rd NW, Atlanta, GA 30331, situated on a 0.21-acre lot. This 845 sq ft home, built in 1959, features a traditional single-level layout with a spacious living area, functional kitchen, and three well-sized bedrooms. Property offers strong renovation potential with good bones and a large yard ideal for outdoor space or future improvements. Conveniently located near I-20, I-285, schools, shopping, and Downtown Atlanta. Perfect opportunity for investors, flippers, or buyers looking to renovate and add value. Sold as-is.
-
2026-03-02$100,000 Active 593-char remark
Show marketing remark (593 chars)
Investor Special! Solid ranch styled 3BR/1BA ranch located at 734 Alfred Rd NW, Atlanta, GA 30331, situated on a 0.21-acre lot. This 845 sq ft home, built in 1959, features a traditional single-level layout with a spacious living area, functional kitchen, and three well-sized bedrooms. Property offers strong renovation potential with good bones and a large yard ideal for outdoor space or future improvements. Conveniently located near I-20, I-285, schools, shopping, and Downtown Atlanta. Perfect opportunity for investors, flippers, or buyers looking to renovate and add value. Sold as-is.
-
2010-03-21price $13,600 Reduced
-
2010-01-09price $15,300 Reduced
-
2005-10-04soldstatus $82,400
-
2005-10-04soldstatus $82,400
ⓘ 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 2/10 Low
- 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 4/10 Moderate 3 unhealthy d/yr today · 5 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
- $19,563
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,500
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,565
- − Management
- −$1,565
- − Depreciation
- −$2,909
- Taxable income
- $5,922
- Est. tax owed @ 24.0%
- −$1,421
- After-tax cash flow
- $5,741/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)
- 62,567
- Household income
- $62,623
- Rent vs 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 |
|
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| Utilities | 1 | $25B |
|
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Price history
+21.4% since first listed7 events — show timeline
- 2026-03-08 Listed $100,000 GAMLS
- 2026-03-06 Coming Soon $100,000 GAMLS
- 2026-03-02 Listed $100,000 FMLS
- 2010-03-21 Price Changed $13,600 GAMLS
- 2010-01-09 Price Changed $15,300 GAMLS
- 2005-10-04 Sold (Public Records) $82,400 Public Records
- 2005-10-04 Sold (Public Records) $82,400 Public Records
Property tax history
-19.7%/yrLatest (2025): $8 · -54.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…