Photo 1 of 10
$310,000
Sold on 8/14/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
4.00 |
2,692 |
$4,431 |
1961 |
On the market:
69 days
|
View full details, 15 photos, school info, and price history
Rare, 12% CAP Occupied rental grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.2mi to public transit, and around the corner from downtown Stone Mountain and Pine Lake. Mind boggling cash flow will give you a cash-on-cash return of 20%+! This turnkey rental is managed by a company focused on workforce housing that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened, required to pass a criminal background check and undergo income verification. Management Company handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing.
Listing courtesy of Josh Stanton, Keller Williams Realty Metro Atlanta