For SaleRisky Deal6 days on market

2497 Greenglade Rd NE

2497 Greenglade Rd NE, Atlanta, GA 30345, Atlanta, GA 30345

$599,000

Zestimate®:$595,900

Listing Price

2497 Greenglade Rd NE, Atlanta, GA 30345

Loc: Atlanta, GA

Days Listed

Zestimate®

$596k

Market Rate

Lot Size

0.52 acres

Rent Estimate

$4,050/mo

Est. Cash Flow base

Type

single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9

Safety Score

A+

Schools

Nearby Schools

Educational options and performance ratings in the area.

Oak Grove Elementary School

PK-5

0.2 mi away

Henderson Middle School

6-8

2.7 mi away

Lakeside High School

9-12

0.4 mi away

Haven Underwritten Market·Prime (>= 1.25x)

Atlanta, GA Investment Analysis (2026)

Cap Rate Range: 6.2% - 7.5% · Median Rent: $2,650/mo · Effective Tax: 0.91%

Open Atlanta Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

traditionaltwo-storybrick exteriorwooded settinglong drivewaysecludedresidentialsuburbanpitched roofattached garagelush landscapingnature-orientedmulti-level

Haven AI Verdict

Recommendation

Risky

Confidence Score: 1/10

Exercise caution due to potential market volatility.

Cap Rate

5.00%

Total ROI

67.5%

Cash Flow

$-614/mo

DSCR

0.80

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-614/mo net cash flow with a 5.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Atlanta, GA
• Long-term capital appreciation corridor

Considerations

• Verify historical operating expenses and local tax assessment
• Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

Date	Event	Price	Price/sqft
2026-09-10	Listed for sale	$599,000	$223
2026-08-26	Listing removed	$625,000	$232
2026-07-06	Price change	$625,000	$232
2026-04-16	Listed for sale	$650,000	$242
2021-03-17	Listing removed	$485,000	$180
2021-01-22	Pending sale	$485,000	$180
2021-01-18	Listed for sale	$485,000	$180

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

2,691

Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 4b/3ba in Atlanta

+18% vs. list

Rehab Budget & Scope (2,691 sq ft)$121,095

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$409,020

Calculated as (75% × $706,820) − $121,095

Asking Price is $189,980 (31.7%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $409,020 based on $121,095 in required updates.

Current Asking Price:$599,000

Estimated ARV:$706,820

Estimated Renovation:$121,095

All-In Capital Basis (MAO + Rehab):$530,115

Projected Equity Margin:+$176,705

Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $599,000[Observed] Rent: $4,050/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $175/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

5.00%

NOI: $29,931/yr

Cash-on-Cash Yield

-5.3%

On $137,770 invested

DSCR Ratio

0.80x

Negative debt coverage