For SaleRisky Deal6 days on market

680 Greenwood Ave NE APT 307

680 Greenwood Ave NE APT 307, Atlanta, GA 30306, Atlanta, GA 30306
$325,000
Zestimate®:$320,400

Listing Price

Property image 1
680 Greenwood Ave NE APT 307, Atlanta, GA 30306
Loc: Atlanta, GA
Days Listed
6
Tax Assessed
$386k
Zestimate®
$320k
Market Rate
Lot Size
958 sqft
Rent Estimate
$2,269/mo
Est. Cash Flow base
Type
condo

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.

9

Virginia-Highland Elementary School

PK-5
0.4 mi away
9

David T Howard Middle School

6-8
1.3 mi away
9

Midtown 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

modernopen conceptbrick exteriorhardwood floorsstainless steel appliancesrecessed lightingceiling fansfrench doorscozyneutral color palettecontemporaryspaciousinteriors

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.01%
Total ROI
67.8%
Cash Flow
$-329/mo
DSCR
0.80
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-329/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

DateEventPricePrice/sqft
2026-09-10Listed for sale$325,000$402
2020-03-09Sold$294,000$363
2020-02-05Pending sale$300,000$371
2020-01-20Listed for sale$300,000$371
2016-03-04Sold$224,900$278
2016-01-20Pending sale$224,900$278
2016-01-03Listed for sale$224,900$278
2004-02-20Sold$194,100$240

Tax History

YearProperty TaxTax Assessment
2025$4,171.36$154,520
2024$3,855.33$140,440
2023$1,920.89$118,240
2022$3,193.64$118,240
2021$3,076.31$114,800
2020$4,694.76$113,400
2019$4,043.12$48,520
2018$4,043.12$96,600
2017$4,043.12$46,120
2016$2,035.81$46,120
2015$2,037.95$46,120
2014$2,037.95$46,120
2013$2,033.09$46,080
2012$2,047.39$46,080
2011$0$46,080
2010$2,035.13$46,080
2009$2,050.63$46,080
2008$0$46,080
2007$0$46,080
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
809
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 1b/1ba in Atlanta
+18% vs. list
$
$36,405
75% Rule
Maximum Allowable Offer (MAO)
$251,220

Calculated as (75% × $383,500) − $36,405

Asking Price is $73,780 (22.7%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $251,220 based on $36,405 in required updates.
Current Asking Price:$325,000
Estimated ARV:$383,500
Estimated Renovation:$36,405
All-In Capital Basis (MAO + Rehab):$287,625
Projected Equity Margin:+$95,875
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: $325,000[Observed] Rent: $2,269/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.01%

NOI: $16,289/yr

Cash-on-Cash Yield
-5.3%

On $74,750 invested

DSCR Ratio
0.80x

Negative debt coverage

5-Yr Leveraged ROI
+67.8%

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)-$290/mo
[Estimated]Homeowner / Hazard Insurance-$100/mo
[Defaulted]Vacancy Reserve (5% of rent)-$113/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$227/mo
[Defaulted]Property Management (8% of rent)-$182/mo
Total Pure Operating Expenses-$912/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,269/mo
Less: Operating Expenses-$912/mo
Net Operating Income (NOI)+$1,357/mo
Less: Debt Service (30yr @ 6.75%)-$1,686/mo
Net Cash Flow
$-329/mo
$-3,947/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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