1987 Ruth St NW
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Boyd Elementary School
John Lewis Invictus Academy
Douglass 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
Property yields an estimated $473/mo net cash flow with a 8.1% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
- • Favorable cap rate profile (8.1%)
- • Strong rental demand in Atlanta
- • 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 |
|---|---|---|---|
| 2026-08-26 | Price change | $300,000 | $97 |
| 2026-07-11 | Price change | $309,900 | $100 |
| 2026-05-08 | Price change | $319,900 | $103 |
| 2026-02-04 | Listed for sale | $329,900 | $106 |
| 2026-02-01 | Listing removed | $349,900 | $113 |
| 2025-11-07 | Listed for sale | $349,900 | $113 |
| 2025-11-01 | Listing removed | $354,900 | $114 |
| 2025-10-02 | Price change | $354,900 | $114 |
| 2025-07-29 | Listed for sale | $374,900 | $121 |
| 2024-12-28 | Listing removed | $315,000 | $102 |
| 2024-11-26 | Listed for sale | $315,000 | $102 |
| 2024-10-21 | Listing removed | $315,000 | $102 |
| 2024-10-17 | Price change | $315,000 | $102 |
| 2024-08-28 | Price change | $325,000 | $105 |
| 2024-08-01 | Listed for sale | $349,000 | $113 |
| 2024-07-22 | Listing removed | $350,000 | $113 |
| 2024-07-03 | Price change | $350,000 | $113 |
| 2024-06-27 | Listed for sale | $370,000 | $119 |
| 2024-06-25 | Listing removed | $370,000 | $119 |
| 2024-06-03 | Price change | $370,000 | $119 |
| 2024-05-13 | Price change | $400,000 | $129 |
| 2024-05-08 | Listed for sale | $430,000 | $139 |
| 2024-04-05 | Sold | $210,000 | $68 |
| 2024-02-16 | Pending sale | $214,900 | $69 |
| 2024-01-12 | Sold | $231,132 | $75 |
| 2020-03-05 | Sold | $84,000 | $27 |
| 2019-05-24 | Sold | $65,000 | $21 |
| 2018-07-23 | Sold | $65,000 | $21 |
| 2017-07-20 | Sold | $28,000 | $9 |
| 2015-05-05 | Sold | $3,623 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,648.9 | $113,640 |
| 2024 | $4,315.08 | $105,400 |
| 2023 | $2,218.96 | $69,560 |
| 2022 | $2,815.09 | $69,560 |
| 2021 | $2,717.42 | $67,080 |
| 2020 | $1,906.06 | $46,040 |
| 2019 | $911.71 | $45,280 |
| 2018 | $911.71 | $10,520 |
| 2017 | $911.71 | $8,320 |
| 2016 | $835.53 | $8,320 |
| 2015 | $829.35 | $8,320 |
| 2014 | $467.91 | $10,320 |
| 2013 | $388.27 | $8,800 |
| 2012 | $390.99 | $8,800 |
| 2011 | $445.78 | $8,800 |
| 2010 | $554.71 | $12,560 |
| 2009 | $1,148.13 | $25,800 |
| 2008 | $2,503.35 | $52,720 |
| 2007 | $2,238.55 | $52,720 |
| 2001 | $602.28 | $14,000 |
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% × $354,000) − $139,500
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: $24,360/yr
On $69,000 invested
Prime loan qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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