For SaleNeutral Deal307 days on market

881 W Conway Dr NW

881 W Conway Dr NW, Atlanta, GA 30327, Atlanta, GA 30327
$25,000,000

Listing Price

Property image 1
881 W Conway Dr NW, Atlanta, GA 30327
Loc: Atlanta, GA
Days Listed
307
Tax Assessed
$11578k
Lot Size
16.94 acres
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.

8

Jackson Elementary School

PK-5
0.7 mi away
8

Sutton Middle School

6-8
2.4 mi away
7

North Atlanta High School

9-12
1.8 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

neoclassicalluxury estatestucco exteriorgrand mansionsymmetrical designpedimentstone pathwaymanicured lawnformal landscapingarchitectural detailfrench doorsexpansive groundsprestigioustimeless elegance

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.63%
Total ROI
102.9%
Cash Flow
$8,305/mo
DSCR
1.06
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $8,305/mo net cash flow with a 6.6% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.6%)
  • 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
2025-11-13Listed for sale$25,000,000$1,667
2008-08-27Sold$1,289,300$86

Tax History

YearProperty TaxTax Assessment
2025$184,853.23$4,631,280
2024$143,587.81$5,113,040
2023$111,397.87$3,550,120
2022$140,689.9$3,550,120
2021$135,519.81$4,557,800
2020$140,760$3,400,000
2019$125,938.74$3,400,000
2018$125,938.74$4,018,600
2017$125,938.74$3,103,240
2016$128,956.47$3,103,240
2015$128,199.64$3,103,240
2014$131,746.61$3,103,240
2013$104,618.07$3,307,480
2012$25,494.2$2,400,000
2011$0$2,400,000
2010$104,861$2,400,000
2009$0$2,400,000
2008$0$2,400,000
2007$39,207.2$3,407,520
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
11
Sq Ft
15,000
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 6b/11ba in Atlanta
+18% vs. list
$
$675,000
75% Rule
Maximum Allowable Offer (MAO)
$21,450,000

Calculated as (75% × $29,500,000) − $675,000

Asking Price is $3,550,000 (14.2%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $21,450,000 based on $675,000 in required updates.
Current Asking Price:$25,000,000
Estimated ARV:$29,500,000
Estimated Renovation:$675,000
All-In Capital Basis (MAO + Rehab):$22,125,000
Projected Equity Margin:+$7,375,000
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: $25,000,000[Estimated] Rent: $200,000/mo[Estimated] Tax Rate: 0.9% (GA)[Estimated] Hazard Ins: $7,292/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.63%

NOI: $1,656,292/yr

Cash-on-Cash Yield
1.7%

On $5,750,000 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+102.9%

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)-$8,684/mo
[Estimated]Homeowner / Hazard Insurance-$7,292/mo
[Defaulted]Vacancy Reserve (5% of rent)-$10,000/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$20,000/mo
[Defaulted]Property Management (8% of rent)-$16,000/mo
Total Pure Operating Expenses-$61,976/mo
Net Investor Cash Flow
Gross Scheduled Rent+$200,000/mo
Less: Operating Expenses-$61,976/mo
Net Operating Income (NOI)+$138,024/mo
Less: Debt Service (30yr @ 6.75%)-$129,720/mo
Net Cash Flow
$8,305/mo
$99,657/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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