|3 beds||1.5 Ba||1,229||$41.9K|
SOLD! No longer available for sale
Brick Ranch with 2-Carport.
Home has 3 bedrooms with 1 baths with 1300' of living space and sits on a level acre lot. Great curb appeal and low maintenance makes this the perfect long-term Rental home!
Last owner just recently moved out so the home is almost livable in current condition. Recommended repairs for rental include interior paint, new flooring throughout, new kitchen counters and appliances, new light fixtures, and misc. repairs. Mechanicals all look good, a/c unit looks brand new. Total Rehab Estimate of $5k to $6k.
Tax value of $46,200 with 2011 taxes of only $541!
Recommend keeping this house as a Rental with Rent rates of $750/Month or net ROI of 16% plus back-end equity when you sell.
Net ROI - $750x12 = $9,000 rents
Annual Taxes = $541
Est. Insurance = $500
Property Mgmt. = $60/mthx12= $720
Net Annual Cash = $7239 or 16% ROI
...(show more) Robin Long
|Type||This listing is priced|
|Zip Code||66% less than||30087 Homes for Sale|
|City||53% less than||Homes for Sale in Stone Mountain|
|County||65% less than||DeKalb County Homes for Sale|
|State||71% less than||GA Homes for Sale|
|Primary School||58% less than||Homes for Sale near Pine Ridge Elementary School|
|Middle School||61% less than||Homes for Sale near Stephenson Middle School|
|High School||61% less than||Homes for Sale near Stephenson High School|
|Unified School District||58% less than||Homes for Sale near Dekalb School District|