For SaleGood Deal6 days on market

1048 Euclid Ave NE APT B2

1048 Euclid Ave NE APT B2, Atlanta, GA 30307, Atlanta, GA 30307
$204,900
Zestimate®:$199,100

Listing Price

Property image 1
1048 Euclid Ave NE APT B2, Atlanta, GA 30307
Loc: Atlanta, GA
Days Listed
6
Tax Assessed
$245k
Zestimate®
$199k
Market Rate
Lot Size
566 sqft
Rent Estimate
$1,988/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

Springdale Park Elementary School

PK-5
0.9 mi away
9

David T Howard Middle School

6-8
0.9 mi away
9

Midtown High School

9-12
1.6 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

brick exteriortraditional stylemultistory townhousecovered porchbalconywalkwayshadedwood columnspaneled doorlandscapedresidentialhistoric aestheticcozy atmosphere

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
7.30%
Total ROI
117.6%
Cash Flow
$184/mo
DSCR
1.17
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $184/mo net cash flow with a 7.3% cap rate. Underwriting indicates good fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (7.3%)
  • 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$204,900$354
2011-03-02Listing removed$120,000$208
2010-09-08Listed for sale$120,000$208

Tax History

YearProperty TaxTax Assessment
2025$4,010.71$98,040
2024$662.22$98,040
2023$0$77,040
2022$167.36$70,560
2021$155.83$68,480
2020$2,801.95$67,680
2019$1,488.52$66,480
2018$1,488.52$63,720
2017$1,488.52$39,160
2016$797.4$39,160
2015$697.22$39,160
2014$497.88$39,880
2013$1,759.54$39,880
2012$491.69$39,880
2011$0$39,880
2010$694.27$39,880
2009$0$39,880
2008$0$44,360
2007$228.19$44,360
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
578
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
$
$26,010
75% Rule
Maximum Allowable Offer (MAO)
$155,327

Calculated as (75% × $241,782) − $26,010

Asking Price is $49,573 (24.2%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $155,327 based on $26,010 in required updates.
Current Asking Price:$204,900
Estimated ARV:$241,782
Estimated Renovation:$26,010
All-In Capital Basis (MAO + Rehab):$181,337
Projected Equity Margin:+$60,445
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: $204,900[Observed] Rent: $1,988/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.30%

NOI: $14,963/yr

Cash-on-Cash Yield
4.7%

On $47,127 invested

DSCR Ratio
1.17x

Tight qualification

5-Yr Leveraged ROI
+117.6%

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)-$184/mo
[Estimated]Homeowner / Hazard Insurance-$100/mo
[Defaulted]Vacancy Reserve (5% of rent)-$99/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$199/mo
[Defaulted]Property Management (8% of rent)-$159/mo
Total Pure Operating Expenses-$741/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,988/mo
Less: Operating Expenses-$741/mo
Net Operating Income (NOI)+$1,247/mo
Less: Debt Service (30yr @ 6.75%)-$1,063/mo
Net Cash Flow
$184/mo
$2,205/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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