For SaleRisky Deal6 days on market

270 17th St NW Unit 1403

270 17th St NW Unit 1403, Atlanta, GA 30363, Atlanta, GA 30363
$629,900
Zestimate®:$614,900

Listing Price

Property image 1
270 17th St NW Unit 1403, Atlanta, GA 30363
Loc: Atlanta, GA
Days Listed
6
Tax Assessed
$580k
Zestimate®
$615k
Market Rate
Lot Size
87 sqft
Rent Estimate
$4,597/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.

6

Centennial Academy

K-8
1.4 mi away
9

Midtown High School

9-12
1.7 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

modernluxuryhigh-risecity viewopen conceptgourmet kitchencontemporaryfloor-to-ceiling windowshardwood floorsstainless steel appliancesquartz countertopspendant lightingurbansophisticatedpenthouse

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.56%
Total ROI
79.8%
Cash Flow
$-348/mo
DSCR
0.89
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-348/mo net cash flow with a 5.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.6%)
  • Strong rental demand in Atlanta
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$629,900$345
2025-01-17Listing removed$4,000$2
2025-01-16Listed for rent$4,000$2
2024-12-19Listing removed$4,000$2
2024-10-31Listed for rent$4,000$2
2022-09-01Sold$675,000$369
2022-08-13Pending sale$699,900$383
2022-08-08Contingent$699,900$383
2022-08-08Pending sale$699,900$383
2022-07-28Price change$699,900$383
2022-07-14Price change$725,000$397
2022-06-23Listed for sale$750,000$410
2020-03-17Listing removed$575,000$315
2020-03-16Listed for sale$575,000$315
2020-03-02Sold$562,500$308
2020-01-21Pending sale$575,000$315
2020-01-08Price change$575,000$315
2019-12-16Price change$578,500$316
2019-10-13Price change$579,000$317
2019-09-26Price change$585,000$320
2019-09-14Price change$589,000$322
2019-07-22Listed for sale$599,000$328
2017-03-31Sold$525,000$287
2011-09-30Sold$383,000$210

Tax History

YearProperty TaxTax Assessment
2025$7,880.91$231,920
2024$7,918.11$231,920
2023$8,300.38$260,200
2022$6,909.48$209,320
2021$7,417.22$221,840
2020$9,179.21$221,720
2019$8,140.16$200,360
2018$8,140.16$195,680
2017$8,140.16$163,920
2016$5,473.13$163,920
2015$5,445.19$163,920
2014$4,007.28$117,280
2013$3,902.19$117,280
2012$3,149.11$117,280
2011$0$117,280
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,828
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/3ba in Atlanta
+18% vs. list
$
$82,260
75% Rule
Maximum Allowable Offer (MAO)
$475,202

Calculated as (75% × $743,282) − $82,260

Asking Price is $154,698 (24.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $475,202 based on $82,260 in required updates.
Current Asking Price:$629,900
Estimated ARV:$743,282
Estimated Renovation:$82,260
All-In Capital Basis (MAO + Rehab):$557,462
Projected Equity Margin:+$185,820
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: $629,900[Observed] Rent: $4,597/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $184/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.56%

NOI: $35,050/yr

Cash-on-Cash Yield
-2.9%

On $144,877 invested

DSCR Ratio
0.89x

Negative debt coverage

5-Yr Leveraged ROI
+79.8%

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)-$435/mo
[Estimated]Homeowner / Hazard Insurance-$184/mo
[Defaulted]Vacancy Reserve (5% of rent)-$230/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$460/mo
[Defaulted]Property Management (8% of rent)-$368/mo
Total Pure Operating Expenses-$1,676/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,597/mo
Less: Operating Expenses-$1,676/mo
Net Operating Income (NOI)+$2,921/mo
Less: Debt Service (30yr @ 6.75%)-$3,268/mo
Net Cash Flow
$-348/mo
$-4,171/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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