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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
|Primary School||Pine Ridge Elementary School|
|Middle School||Stephenson Middle School|
|High School||Stephenson High School|
|Zip Code||30087||63% less|
|City||Stone Mountain||44% less|
|Congressional District||4||58% less|
|Area Code||678||69% less|
|Primary School||Pine Ridge Elementary School||51% less|
|Middle School||Stephenson Middle School||46% less|
|High School||Stephenson High School||46% less|
|Unified School District||Dekalb School District||63% less|