194 Brownlee Rd SW
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Miles Elementary School
Young Middle School
Mays High School
Atlanta, GA Investment Analysis (2026)
Cap Rate Range: 6.2% - 7.5% · Median Rent: $2,650/mo · Effective Tax: 0.91%
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
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
At a purchase price of $149,000, this Atlanta single-family property offers an attractive entry point, but investors must exercise caution. The reported 9.86% yield and $451 monthly cash flow look promising on paper, yet these figures often fail to account for the heavy maintenance burdens typical of older 1236 sqft properties in this submarket. While the projected 4% appreciation is optimistic for this price bracket, the immediate cash flow provides a thin buffer against vacancy or unexpected capital expenditures. It remains a viable income-play, but rigorous inspection and conservative expense budgeting are mandatory to ensure the net operating income does not erode under management and repair costs.
- • Low entry price point
- • Strong gross rental yield
- • Positive monthly cash flow
- • Atlanta market growth potential
- • Potential for deferred maintenance in older housing stock
- • Market volatility in lower-price-tier neighborhoods
- • Thin margin for unforeseen capital expenditures
- • Risk of optimistic appreciation projections
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-25 | Price change | $149,000 | $121 |
| 2026-08-13 | Price change | $160,000 | $129 |
| 2026-08-12 | Price change | $170,000 | $138 |
| 2026-08-12 | Listed for sale | $165,000 | $133 |
| 2026-08-04 | Pending sale | $165,000 | $133 |
| 2026-07-30 | Price change | $165,000 | $133 |
| 2026-07-29 | Price change | $170,000 | $138 |
| 2026-07-21 | Listed for sale | $175,000 | $142 |
| 2026-07-21 | Pending sale | $175,000 | $142 |
| 2026-07-01 | Listed for sale | $175,000 | $142 |
| 2016-08-17 | Sold | $67,000 | $54 |
| 2016-08-17 | Listed for sale | $69,900 | $57 |
| 2016-07-14 | Pending sale | $69,900 | $57 |
| 2016-06-30 | Price change | $69,900 | $57 |
| 2016-05-04 | Price change | $74,900 | $61 |
| 2016-04-15 | Listed for sale | $69,000 | $56 |
| 2015-12-11 | Listing removed | $94,000 | $76 |
| 2015-11-26 | Price change | $94,000 | $76 |
| 2015-10-07 | Listed for sale | $99,000 | $80 |
| 2015-09-23 | Pending sale | $99,000 | $80 |
| 2015-04-09 | Listed for sale | $99,000 | $80 |
| 2012-11-26 | Sold | $26,187 | $21 |
| 2012-10-24 | Pending sale | $28,000 | $23 |
| 2012-07-18 | Listed for sale | $28,000 | $23 |
| 2011-12-13 | Sold | $28,000 | $23 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,983.08 | $72,920 |
| 2024 | $3,864.74 | $94,400 |
| 2023 | $3,011.36 | $94,400 |
| 2022 | $3,082.19 | $76,160 |
| 2021 | $2,597.51 | $64,120 |
| 2020 | $2,093.18 | $50,560 |
| 2019 | $1,231.41 | $38,000 |
| 2018 | $1,231.41 | $17,720 |
| 2017 | $1,231.41 | $15,800 |
| 2016 | $1,180.2 | $16,000 |
| 2015 | $1,184.37 | $16,000 |
| 2014 | $1,184.37 | $16,000 |
| 2013 | $559.46 | $14,920 |
| 2012 | $662.9 | $14,920 |
| 2011 | $0 | $29,240 |
| 2010 | $669.53 | $39,320 |
| 2009 | $145.83 | $39,320 |
| 2008 | $0 | $43,040 |
| 2007 | $214.71 | $43,080 |
| 2005 | $0 | $45,440 |
| 2004 | $252.7 | $43,840 |
| 2003 | $893.81 | $42,080 |
| 2002 | $225.39 | $39,520 |
| 2001 | $710.97 | $35,960 |
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.
Calculated as (75% × $175,820) − $55,620
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $14,688/yr
On $34,270 invested
Prime loan qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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