Sold
$260,000
9 beds · 3 baths · 2,022 sqft
271 Leafwood Lane, Riverdale, GA 30274
Great deal
Priced about $147,201 (36%) below comparable homes. Estimated market value $407,201, based on 495 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This turnkey 9-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 2,022 sqft property generates $5,770/month in gross rents with an estimated NOI of $3,300/month and a 15.2% cap rate.
Just minutes from major…
PoolBasementNo HOARenovated
Listing remarks courtesy of Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta.
· FMLS #7569624404-564-5560
$1,778/mo est.
with $26,000 down · $260,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
9
Beds
3
Baths
2,022
Sqft
1972
Built
0.29 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,125/morange $1,975 – $2,2759.8% gross yield
Based on 9 similar rentals within a mile (8 recently leased).
Home facts
Payment calculator
$1,854/mo
Principal & interest$1,518
Property taxes$260
Home insurance$76
Down payment$26,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
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Schools
Brown - ClaytonElementary
Pointe SouthMiddle
Mundys MillHigh
Location
57 for sale 23 pending 12 sold
Listed by
Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta
Source: FMLS · #7569624
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