$285,000
Pending

2581 Sparta Drive

Morrow, GA 30260
1920 sqft | 9 beds | 3 baths | 0.34 acres | #10340914
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 DescriptionOther
    • Measurements
      • Acres0.344
      • Square Feet1920
  • Construction Details
      • Basement DescriptionBath Finished, Daylight, Finished
      • StyleTraditional
      • Property TypePurchase
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1972
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Water Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionRenaldo Manor
    • Location
      • Elementary SchoolMcgarrah
      • CountyClayton
      • Middle SchoolMorrow
      • High SchoolMorrow
  • Financial Details
      • Taxes Annual$1,821
  • Other
      • MLS #10340914

Location

Clint Adamson and Heather AdamsonReal 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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00