2003 Newly Renovated Atlanta Built Home at 11.32% Net Yield - Tenant Ready
Located in one of the prominent areas in College Park, GA, this property is located in the Christine Creek subdivision. This home has a separate living room with fireplace, dining room, kitchen with breakfast area. Also, it has a 2 car garage with an alarm system for monitoring.
With recent renovations completed, this home is ready to cash flow now.
This is a home that would be great to live in or for an investor to rent out. The Net Yield on this home is 11.32% at $900/month rent. The average rent in this area is $900-950. Home is in nice neighborhood with little traffic.
This home sold for $131,000 in 2006 and is now yours at an incredibly low price. Hurry as the market is on a rise and prices are going up!
Est. Rental rate $900/month
Est. ROI - $900x12 = $10,800 rents
Est. Rehab = $0-(Renovations completed: Fresh Paint, New carpet, New Linoleum, New garage door, New rear door, bathroom vanities/countertops)
Est. Annual Taxes = $1320
Est. Annual HOA = $0
Est. Insurance = $700
Property Mgmt. = $90/mthx12= $1080
Net Annual Income = $7700
Net Yield = 11.32%
5508 Denny Dr. - Sold 11/6/12 for $94,706
290 Willow Park Trl - Sold 11/6/12 for $51,500
5418 Denny Dr - Sold 2/13/13 for $60,000
2836 Windsor Forrest Ct- Sold 9/7/12 for $106,768
|District Type||School District|
|Unified School District||Clayton County School District|
|Type||This listing is priced|
|Zip Code||3% more than||30349 Homes for Sale|
|City||3% more than||Homes for Sale in College Park|
|County||19% more than||Clayton County Homes for Sale|
|State||47% less than||GA Homes for Sale|
|Unified School District||20% more than||Homes for Sale near Clayton County School District|