For SaleGood Deal2 days on market

472 Parkway Dr NE

472 Parkway Dr NE, Atlanta, GA 30308, Atlanta, GA 30308
$725,000
Zestimate®:$705,900

Listing Price

Property image 1
472 Parkway Dr NE, Atlanta, GA 30308
Loc: Atlanta, GA
Days Listed
2
Tax Assessed
$725k
Zestimate®
$706k
Market Rate
Lot Size
8,581 sqft
Rent Estimate
$6,685/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.

5

Hope Hill Elementary School

PK-5
0.7 mi away
9

David T Howard Middle School

6-8
0.6 mi away
9

Midtown High School

9-12
0.9 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

Craftsmanbungalowbrick exteriorfront porchtapered columnsgabled roofhistoricresidentialdrivewaylush landscapingcozytraditionalcurb appeal

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
7.27%
Total ROI
116.9%
Cash Flow
$631/mo
DSCR
1.17
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $631/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
2026-09-14Listed for sale$725,000$181
2026-03-27Sold$565,000$141
2025-12-16Listed for sale$1,290,000$323
2025-06-27Listing removed$819,000$205
2025-06-16Listed for sale$819,000$205
2025-06-03Listing removed$819,000$205
2025-04-28Listed for sale$819,000$205
2021-03-24Listing removed$0
2019-01-10Listing removed$575,000$144
2018-12-03Listed for sale$575,000$144

Tax History

YearProperty TaxTax Assessment
2025$4,790.54$290,160
2024$5,073.46$291,880
2023$4,255.12$278,320
2022$4,771.26$278,320
2021$4,619.19$270,200
2020$11,727.79$283,280
2019$5,075.54$246,440
2018$5,075.54$240,640
2017$5,075.54$141,120
2016$3,144.81$141,120
2015$3,120.12$141,120
2014$1,704.05$90,640
2013$1,679.45$88,840
2012$1,026.57$69,040
2011$0$69,040
2010$1,025.01$69,040
2009$0$99,240
2008$0$99,240
2007$0$99,240
2005$0$99,240
2004$18.72$92,880
2003$1,335.78$92,880
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
4,000
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 4b/3ba in Atlanta
+18% vs. list
$
$180,000
75% Rule
Maximum Allowable Offer (MAO)
$461,625

Calculated as (75% × $855,500) − $180,000

Asking Price is $263,375 (36.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $461,625 based on $180,000 in required updates.
Current Asking Price:$725,000
Estimated ARV:$855,500
Estimated Renovation:$180,000
All-In Capital Basis (MAO + Rehab):$641,625
Projected Equity Margin:+$213,875
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: $725,000[Observed] Rent: $6,685/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $211/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.27%

NOI: $52,709/yr

Cash-on-Cash Yield
4.5%

On $166,750 invested

DSCR Ratio
1.17x

Tight qualification

5-Yr Leveraged ROI
+116.9%

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)-$544/mo
[Estimated]Homeowner / Hazard Insurance-$211/mo
[Defaulted]Vacancy Reserve (5% of rent)-$334/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$669/mo
[Defaulted]Property Management (8% of rent)-$535/mo
Total Pure Operating Expenses-$2,293/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,685/mo
Less: Operating Expenses-$2,293/mo
Net Operating Income (NOI)+$4,392/mo
Less: Debt Service (30yr @ 6.75%)-$3,762/mo
Net Cash Flow
$631/mo
$7,566/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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