1. 8089 Robin Ct, Jonesboro, GA 30238
Rented: $925 per month (Section 8)
Price: $55,000
For more pictures, see:
https://www.dropbox.com/sh/e0wq1dgjsgi79li/AACADXf...
2. 10840 Mallard Dr, Jonesboro, GA 30238
Rented: $975 per month (Section 8)
Price: $60,000
For more pictures, see:
https://www.dropbox.com/sh/52n5hz2zb07z1i7/AABMy2r...
3. Cash Offer
$49,900
Bring All Offers
3017 Valley View Dr
Powder Springs, GA 30127
LAND
**Submit ALL Offers Through Portal Below**
Cash Offer
$9,900
Bring All Offers
3023 Vally View Rd
Powder Springs, GA 30127
Single Family Home
3 bedrooms, 1.5 bathrooms
Built 1981
1248 sqft
Vacant - Contact us for lockbox code.
2015 Property Tax - $646
Here we've got a split level 3 bedroom, 1.5 bathroom in Powder Springs. Built in 1981. It currently sits vacant and on lockbox. This house will need a couple of dumpsters to clean out. The house would need at least 20-25k in rehab.
House is vacant and accessible, bring your contractor with you and run your numbers and let us know if your ready for a contract.
Vacant- Contact us for lockbox code
Closing attorney is Halperin and Lyman
1k non-refundable earnest deposit due with accepted contract.
Please do your Due Diligence prior to signing contract and submitting non-refundable earnest depsoti.
Buyer must close within 7 days or sooner.
Local Area:
Schools Near By: East McEchern High (6), Trapp Middle (7), Compton Elementary (3).
Grocery: Kroger, Publix, Aldi.
Restaurant: Wallace Barbecue, La Parrilla Mexican, Viva Mexico
Vacant Property with a Lockbox. Call for Code! :)
LAND
Residential Vacant Lot
.62 Acre Lot (27,007 sqft)
2015 Property Tax - $221
This lot sits right next to 3017 Valley View Dr...Same Seller. Buy one OR both the house and the empty lot next door!
4. 5747 Meadow Lane, Rex, GA 30273
Rented: $900/mon
Price: $64,990
A gorgeous rental investment 3 bedroom, 2 bathroom, 1434 sq ft. home with hardwood in living & dining and tile in kitchen & bedrooms!!! Extremely clean and well maintained! Current tenant is leaving end of June. But should rent easily, given the condition! Could come with property management in place.
Rental Analysis:
Rent: $900 * 12 = $10,800 per year
Tax: $418 (2014 estimated)
Insurance: $500 (estimated)
Property Management: $1,080
Net Income: $8,802
ROI: 14%
5. 6565 Buckhurst Trl, College Park, GA 30349
Rented: $925 per month (Section 8)
Price: $55,000
For pictures, see:
https://www.dropbox.com/sh/9p6moba41mdiyqq/AACyuY3...
6. 3010 Field Drive, Lithonia, GA 30058
Rent Potential: $800
Price: $45,000
Repairs: $2,000 (minimal cleanup, paint touch up etc.)
A great 3 bedroom, 2.5 bathroom condo, built in 2004. Requires minimal cleanup to get it rent ready. Will rent for $800 (or higher if you go Section 8).
Will consider discounting $1,000 if purchased with one of the two, or $2,500 if purchased with both the following:
2884 Norfair Loop, Lithonia, GA 30038 - Rented section 8 for $871/mon - $52,500
3789 Reston Lane, Decatur, GA 30034 - Rented $850 - $62,500
Rental Analysis:
Rent Potential: $800 * 12 = $9,600
Tax: $854 (2015 estimate)
Insurance: $600 (estimate)
Property Management: $960 (10% of rent)
Net Income: $7,186
ROI: 7,186/47,000 = 15%
7. 3789 Reston Lane, Decatur, GA 30034
Rented: $850/mo
Price: $62,500
Market Value: >$80K
This is a 3 bedroom, 2.5 bath corner unit with one care garage! Steady tenant paying $850 per month. Property management is in place and could potentially stay.
Will consider discounting $1,000 if purchased with one of the two, or $2,500, if purchased with both the following properties:
2884 Norfair Loop, Lithonia, GA - Rented section 8 for $871/mon - Price: $52,500
3010 Field Drive, Lithonia, GA - Rent Potential $850/mon - Price: $45,000
Rental Analysis:
Rent: $850 * 12 = $10,200
Tax: $661 (2014 estimate)
Insurance: $600 (estimate)
Property Management: $1,020 (10% of rent)
Net Income: $7,919
ROI: 13%
8. 2884 Norfair Loop, Lithonia, GA 30038
Rented: $871 (Section 8) - Housing Authority pays $440, tenant pays the rest
Price: $52,500
Built: 2002
HOA: $50/month
This is a relatively newer build (2002). 3 bedroom, 2.5 bathroom condo, rented to a Section 8 rent. Rent is $871 per month, out of which, the housing authority pays $440 & the tenant pays the rest (as they are working). Property management is in place, if required.
Would be discounted $1000 if purchased along with one of the two other properties, or $2500, if purchased with both the following:
3010 Field Dr, Lithonia, GA - 3/2.5 condo, HOA $50, Rent Potential: $850, No repairs required
3789 Reston Lane, Decatur, GA - 3/2.5 townhome, Rented $850/month
Rental Analysis:
Rent: $871/mo
HOA: $50/mo
Net Rent: $821/mo * 12 = $9,852
Tax: $854 (2015 estimate)
Insurance: $500 (estimate)
Net Income: $8,498
ROI: 16%
9. 16 Wadley St, Atlanta, GA 30314
Price: $7,500 Cash
Repairs: Extensive/Full gut out and rehab
Back Taxes: $13,500
ARV: $55,000
This is a 3 bedroom, 2 bath home in need to extensive rehab! The property is damaged from a fallen tree and then vandalized. Here's some pictures:
https://www.dropbox.com/sh/bj6ul8sue81q3pe/AABNoc_4gIpiHhI-Qiml_CoDa?dl=0&oref=e&n=183548595
Looking for an experienced & creative rehabber who can find a way to make this a win-win!
10. 4101 Fairington Club Dr, Lithonia, GA
Rent Potential: $800
Price: $44,900 (Firm)
This is a 3 bedroom, 2 bath condo, 1232 sq. ft. It is a top floor unit. Only needs carpet cleaning, paint touchup, general cleaning etc. to get it rented to the next tenant. The unit is currently vacant and can be rented for $800 per month or more if you do Section 8. HOA dues are $100 per month
For more pictures, see:
https://www.dropbox.com/sh/96skmfbsee1u52f/AAB-84VR88r3FbWoAVT2Ph2-a?dl=0
Rental Analysis
Rent: $800
HOA: $100
Net Rent: $700 * 12 = $8,400
Property Tax: $500 (estimated)
Insurance: $500 (estimated)
Property Management: $840 (10% of rent)
Net Income: $6,560
ROI: 15%
11. 7023 Lodgepole Dr, Morrow, GA 30260
Rent (Potential): $850-$950 per month
Price: $59,900
Repairs: None
This home is in pristine, move-in ready condition. Great potential with an unfinished basement. Will be delivered vacant at closing. This will not last long!
For more pictures see:
https://www.dropbox.com/sh/fhjwqrz9tb6etx8/AACTlOSZJ5vmJl5Y5UWWO7AXa?dl=0
