1152 S Parkwood Dr Forest Park GA 30297 MLS 7402999
1152 S Parkwood Dr
Forest Park,
GA
30297
MLS# 7402999
Less Photos /\
Home Description: 1152 S Parkwood Dr
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.
- Water Body Name: None
- Dock : None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: Disappearing Attic Stairs
- Rooms: Other
- Flooring: Hardwood,Laminate
- Kitchen Features: Cabinets White,Stone Counters
- Kitchen Appliances: Dryer,Electric Range,Microwave,Refrigerator
- Fireplace: None
- Number Fireplaces: 0
- Bedrooms: {"Roommate Floor Plan"}
- Master Bath: {None}
- Dinning Room: None
- Laundry: In Hall
- Other Equipment: None
- Patio/Porch Features: None
- Security Features: None
- Common Walls: No Common Walls
- Basement: Crawl Space
- Parking: Driveway
- Lot Dimensions: 70x150x70x150
- Lot Size Acres: 0.24
- Type: Single Family
- Style: Ranch
- Levels: One
- Property Condition: Resale
- Listing Terms: Cash,Conventional
- Road Type: Concrete
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: Rain Gutters
- Construction Materials: Brick,Brick 4 Sides
- Roof Type: Composition,Shingle
- Other Structures: None
- Home Warranty: No
- : 404-564-5560
- Compensation Comments: Commission will be paid on the sales price minus any seller concessions, this includes closing costs & repairs.
Map
Map |
Street
Street |
Birds Eye
Birds Eye
1152 S Parkwood Dr Forest Park GA 30297
Print Map | Driving Directions
School Information
- Elementary:Edmonds
- Middle School:Forest Park
- High School:Forest Park
Financial
- Approx Payment:$1,008*
- Taxes:$2,387
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(630) 995-6417 and speak with one of our real estate consultants.
Popular Homes
$294,522
$276,210
28
10.7%
57.1%
60
$413,853
$359,999
449
1.3%
40.3%
65
$380,771
$349,900
571
1.9%
39.4%
70
$340,178
$315,000
174
2.9%
48.3%
68
$408,040
$380,440
305
0.7%
38.7%
56
$435,432
$399,900
730
1.2%
44.2%
63
$544,850
$592,500
8
0.0%
37.5%
56
$252,214
$262,500
14
0.0%
35.7%
42
$273,427
$264,000
75
5.3%
54.7%
60
Listing Courtesy of Keller Williams Realty Metro Atlanta.
1152 S Parkwood Dr, Forest Park GA is a single family home of 1946 sqft and
is currently priced at $199,000
.
This single family home has 7 bedrooms.
This home on 1152 S Parkwood Dr has not had a price change.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Forest Park, GA.
Mountain View Plaza, Young America and Manor Ridge Park are nearby neighborhoods.
MLS 7402999F has been posted on this site since 6/12/2024 (today).
