$285,000
Pending

2581 Sparta Drive

Morrow, GA 30260
9 beds | 3 baths | 0.34 acres | #7423178
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This unincorporated Clayton County rental is ideal for the savvy investor. The income is bananas- it grosses $6100 per month on average, performing at an eye-popping 13%+ cap rate. It's close to the interstate, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. 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. 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.

  • Interior Details
      • InteriorOther
    • Beds & Baths
      • Bedrooms9
      • Bathrooms3
      • Full Baths3
      • Bedrooms on Main Level4
  • Property Details
      • Lot DescriptionBack Yard, Front Yard
      • Exterior MaterialsRain Gutters
      • ViewOther
    • Measurements
      • Acres0.344
    • Parking
      • Parking FeaturesDriveway
      • Parking TypeDriveway
  • Construction Details
      • Basement DescriptionDaylight, Finished, Finished Bath
      • StyleTraditional
      • Property TypePurchase
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1972
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Water Available
      • Sewer InformationPublic Sewer, Other
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionRenaldo Manor
    • Location
      • Elementary SchoolWilliam M. McGarrah
      • CountyClayton - GA
      • Middle SchoolMorrow
      • High SchoolMorrow
  • Financial Details
      • Original List Price$285,000
      • Taxes Annual$1,821
  • Other
      • MLS #7423178

Location

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Last Updated: . Source: FMLS

Listing Courtesy
Listing Agent: Josh Stanton (#JOSHST)
Listing Office: Keller Williams Realty Metro Atlanta (#KWAD01)

Listing Courtesy (Buyer)
Buyer's Agent: Brandon Beamer (#BEAMER)

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    ​ Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.​

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