For SaleRisky Deal12 days on market

1017 Riverbend Club Dr SE Suite 17

1017 Riverbend Club Dr SE Suite 17, Atlanta, GA 30339, Atlanta, GA 30339
$549,500
Zestimate®:$535,900

Listing Price

Property image 1
1017 Riverbend Club Dr SE Suite 17, Atlanta, GA 30339
Loc: Atlanta, GA
Days Listed
12
Tax Assessed
$508k
Zestimate®
$536k
Market Rate
Lot Size
5,489 sqft
Rent Estimate
$2,147/mo
Est. Cash Flow base
Type
townhouse

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.

3

Brumby Elementary School

PK-5
2.5 mi away
6

East Cobb Middle School

6-8
2.5 mi away
7

Wheeler High School

9-12
4.7 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

townhousemulti-familywaterfrontriver-viewwooded-settingspacious-groundsattached-garagedecksnature-focusedsecludedsuburban-livingscenicthree-story

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.43%
Total ROI
11.6%
Cash Flow
$-1,739/mo
DSCR
0.39
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,739/mo net cash flow with a 2.4% 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

DateEventPricePrice/sqft
2026-09-11Price change$549,500$406
2026-09-04Listed for sale$559,000$413
2022-09-09Sold$500,000$370
2022-08-18Contingent$495,000$366
2022-08-08Listed for sale$495,000$366

Tax History

YearProperty TaxTax Assessment
2024$5,061.31$203,352
2023$4,009.42$179,876
2022$3,308.39$109,008
2021$3,069$101,120
2020$2,764.89$91,100
2019$2,764.89$91,100
2018$2,153.38$70,952
2017$2,153.38$63,412
2016$1,717.53$59,740
2015$1,759.94$59,740
2014$1,806.6$60,808
2013$1,073.52$35,832
2012$1,035.24$34,268
2011$1,748.17$57,772
2010$1,660.95$57,772
2009$2,106$73,252
2006$2,039.88$68,568
2005$2,048.12$68,568
2004$2,048.12$68,568
2003$2,048.12$68,568
2002$2,048.12$68,568
2001$1,471.46$49,016
2000$1,428.32$49,016
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,352
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.

Modeled value-add projection (+18% baseline) for 2b/2ba in Atlanta
+18% vs. list
$
$60,840
75% Rule
Maximum Allowable Offer (MAO)
$425,468

Calculated as (75% × $648,410) − $60,840

Asking Price is $124,032 (22.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $425,468 based on $60,840 in required updates.
Current Asking Price:$549,500
Estimated ARV:$648,410
Estimated Renovation:$60,840
All-In Capital Basis (MAO + Rehab):$486,308
Projected Equity Margin:+$162,102
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: $549,500[Observed] Rent: $2,147/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $160/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.43%

NOI: $13,343/yr

Cash-on-Cash Yield
-16.5%

On $126,385 invested

DSCR Ratio
0.39x

Negative debt coverage

5-Yr Leveraged ROI
+11.6%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.9% of basis)-$381/mo
[Estimated]Homeowner / Hazard Insurance-$160/mo
[Defaulted]Vacancy Reserve (5% of rent)-$107/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$215/mo
[Defaulted]Property Management (8% of rent)-$172/mo
Total Pure Operating Expenses-$1,035/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,147/mo
Less: Operating Expenses-$1,035/mo
Net Operating Income (NOI)+$1,112/mo
Less: Debt Service (30yr @ 6.75%)-$2,851/mo
Net Cash Flow
$-1,739/mo
$-20,872/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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