For SaleGood Deal41 days on market

2871 Chilhowee Dr

2871 Chilhowee Dr, Atlanta, GA 30331, Atlanta, GA 30331

$359,000

Zestimate®:$356,100

Listing Price

2871 Chilhowee Dr, Atlanta, GA 30331

Loc: Atlanta, GA

Days Listed

Zestimate®

$356k

Market Rate

Lot Size

9,757 sqft

Rent Estimate

$3,501/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.

Cliftondale Elementary School

PK-5

1.4 mi away

Sandtown Middle School

6-8

3.6 mi away

Westlake High School

9-12

2.5 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-frontvinyl-sidingtwo-car-garagearch-windowsuburbanlandscaped-lawnresidentialgabled-roofspaciousestablished-neighborhood

Haven AI Verdict

Recommendation

Good

Confidence Score: 7/10

Strong rental demand expected in this area (98% occupancy rate).

Turnkey property requiring minimal initial CapEx.

Cap Rate

7.76%

Total ROI

127.5%

Cash Flow

$459/mo

DSCR

1.25

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $459/mo net cash flow with a 7.8% cap rate. Underwriting indicates good fundamentals for long-term hold.

Strengths

• Favorable cap rate profile (7.8%)
• 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

Date	Event	Price	Price/sqft
2026-08-06	Listed for sale	$359,000	–
2025-08-31	Listing removed	$2,400	–
2025-08-11	Price change	$2,400	–
2025-06-23	Price change	$2,600	–
2025-06-06	Listed for rent	$2,900	–
2022-05-10	Listing removed	$0	–
2022-05-07	Listed for rent	$2,250	–
2019-09-04	Listing removed	$1,850	–
2019-08-04	Listed for rent	$1,850	–

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

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 5b/3ba in Atlanta

+18% vs. list

Rehab Budget & Scope (1,850 sq ft)$83,250

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$234,465

Calculated as (75% × $423,620) − $83,250

Asking Price is $124,535 (34.7%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $234,465 based on $83,250 in required updates.

Current Asking Price:$359,000

Estimated ARV:$423,620

Estimated Renovation:$83,250

All-In Capital Basis (MAO + Rehab):$317,715

Projected Equity Margin:+$105,905

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: $359,000[Observed] Rent: $3,501/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $105/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreGood

7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

7.76%

NOI: $27,858/yr

Cash-on-Cash Yield

6.7%

On $82,570 invested

DSCR Ratio

1.25x

Prime loan qualification