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Decatur, GA, 30032 • Candler-Mcafee • Dekalb County
$146/sqft
7Beds
2Baths
1,954Sqft
0.3 acLot
1959Built
Brick 4 Side,Traditional Style
Built 1959 · 67 years of history
Toney Gardens
Candler-Mcafee
Outdoor Living
Patio
Hardwood Floors
Quality flooring throughout
Demand and pricing signals for this listing
4 views
People checking out this listing
931 days on market
Established listing
$146/sqft
Price per square foot
Single Family · Built 1959
Introducing an unparalleled turnkey rental opportunity for investors. Experience the perfect blend of location, turnkey management, and income with this high-performance income property on the sought-after PadSplit Coliving platform. This 4-sided brick home, perched high above the street with ample parking, is strategically situated in a prime ITP location in Decatur. It's close (but not too close) to interstates and major arterials, ensuring superb connectivity. Generating over $4,500 per month in gross rental income ($50,000+ per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and potential appreciation in a sought-after location. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 2x-3x cash flow. 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.
Based on current rates
Est. 5.97% rate · 30yr fixed · $228,000 loan
Full calculator →Key facts and listing details
14 categories of property features
1 room detailed
Kitchen
Market data and value estimates
3 schools rated nearby
Decatur, GA, 30032
10 events
24 years of records
Local context around this listing
Decatur, GA • Dekalb County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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