For SaleRisky Deal7 days on market

1023 Byron Dr SW

1023 Byron Dr SW, Atlanta, GA 30310, Atlanta, GA 30310
$369,900
Zestimate®:$364,700

Listing Price

Property image 1
1023 Byron Dr SW, Atlanta, GA 30310
Loc: Atlanta, GA
Days Listed
7
Tax Assessed
$369k
Zestimate®
$365k
Market Rate
Lot Size
9,888 sqft
Rent Estimate
$2,709/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

Perkerson Elementary School

PK-5
1.1 mi away
5

Sylvan Hills Middle School

6-8
0.2 mi away
1

Carver High School

9-12
1.9 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

bungalowcraftsmanpainted brickcovered front porcharched entrywayturquoise front doorsingle-storywell-manicured lawncharmingresidentialsymmetrical facadecurb appealsuburbanlight and airy

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.52%
Total ROI
78.8%
Cash Flow
$-218/mo
DSCR
0.89
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-218/mo net cash flow with a 5.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.5%)
  • 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
2026-09-09Price change$369,900$207
2026-08-04Price change$389,900$218
2026-07-20Listed for sale$399,900$224
2026-07-14Listing removed$399,900$224
2026-06-29Price change$399,900$224
2026-06-28Price change$415,000$232
2026-06-18Listed for sale$424,900$238
2026-06-18Listing removed$445,450$249
2026-05-11Listed for sale$445,450$249
2026-05-11Listing removed$465,000$260
2026-04-22Listed for sale$465,000$260
2025-06-30Sold$195,000$109
2025-01-01Listing removed$275,000$154
2024-03-18Pending sale$275,000$154
2024-03-01Listed for sale$275,000$154
2019-09-25Sold$136,334$76
1995-09-26Sold$50,000$28

Tax History

YearProperty TaxTax Assessment
2025$6,029.99$147,400
2024$6,792.77$165,920
2023$4,823.28$151,200
2022$5,762.93$142,400
2021$3,788.49$93,520
2020$2,217.38$53,560
2019$1,465.2$54,640
2018$1,465.2$52,360
2017$1,465.2$18,320
2016$507.88$18,320
2015$897.72$18,320
2014$26.25$15,840
2013$0$11,840
2012$20.56$11,840
2011$0$11,840
2010$28.01$18,960
2009$915.65$41,040
2007$533.71$50,680
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,789
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 3b/3ba in Atlanta
+18% vs. list
$
$80,505
75% Rule
Maximum Allowable Offer (MAO)
$246,857

Calculated as (75% × $436,482) − $80,505

Asking Price is $123,043 (33.3%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $246,857 based on $80,505 in required updates.
Current Asking Price:$369,900
Estimated ARV:$436,482
Estimated Renovation:$80,505
All-In Capital Basis (MAO + Rehab):$327,362
Projected Equity Margin:+$109,120
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: $369,900[Observed] Rent: $2,709/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $108/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.52%

NOI: $20,419/yr

Cash-on-Cash Yield
-3.1%

On $85,077 invested

DSCR Ratio
0.89x

Negative debt coverage

5-Yr Leveraged ROI
+78.8%

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)-$276/mo
[Estimated]Homeowner / Hazard Insurance-$108/mo
[Defaulted]Vacancy Reserve (5% of rent)-$135/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$271/mo
[Defaulted]Property Management (8% of rent)-$217/mo
Total Pure Operating Expenses-$1,007/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,709/mo
Less: Operating Expenses-$1,007/mo
Net Operating Income (NOI)+$1,702/mo
Less: Debt Service (30yr @ 6.75%)-$1,919/mo
Net Cash Flow
$-218/mo
$-2,613/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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1023 Byron Dr SW | Atlanta, GA | Haven AI Analysis | Haven by ScoutHavens