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7 bd2 baEnsam familj![1. 1152 S Parkwood Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2F6ad354c525607d67c13e6450d0d78acdl-f1902675311r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
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![7. 1152 S Parkwood Drive](https://img-v2.gtsstatic.net/reno/imagereader.aspx?url=http%3A%2F%2Flh.rdcpix.com%2F6ad354c525607d67c13e6450d0d78acdl-f3929713478r.jpg&w=3840&q=75&option=N&permitphotoenlargement=false&fallbackimageurl=https%3A%2F%2Fwww.cityhomes.com%2Fassets%2Fimages%2Fcommon%2Fnophoto%2Flisting.jpg)
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Verktyg
Size
7
Sovrum
2
Full Baths
0.24 Acres
Exterior
Financial
$199,000
Change Currency
Listing Details
Ensam familj
Fastighetstyp
1957
Byggt år
10132663
Webb-ID
10317649
MLS-ID
15
Days Posted
Beskrivning
1152 S Parkwood Drive,
Forest Park,
GA
30297
Forest Park, GA 30297
Eureka! You've found the ultimate cash-flowing rental. This 4-sided brick PadSplit coliving home generates over $4,600 per month in gross rental income ($56,000+ per year). This investment offers a unique combination of cash flow and turnkey management. After expenses the CAP rate is over 12% and 20% cash-on-cash ROI. Featuring granite countertops and upgraded bathrooms, this fully occupied rental is conveniently located minutes from major employers, including Hartsfield-Jackson International Airport. Its proximity to public transit and I-75 / I-285 ensures superb connectivity for its occupants. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but also provides an avenue for investors to achieve 2-3x+ cash flow of typical rental properties. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit 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. Sold with an optional top-rated Superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup and ROI.
This is an Active listing.
Broker Office Phone Number: 770-549-9465
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 770-549-9465
Copyright © 2024Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Bekvämligheter
- Refrigerator
- Hardwood Flooring
- Dryer Included
- Laminate Flooring
- Composition Shingle Roof
- Off Street Available
Prishistorik
date | Pris | variance | type |
---|---|---|---|
6/18/2024 | $199,000 | 11.16 % | Listad |
4/16/2024 | $224,000 | - | utanför marknaden |
1/9/2024 | $224,000 | - | Listad |
Listing By: Keller Williams Realty via Data Source: Georgia Multiple Listing Service
noteringsagent: Josh Stanton