128 Glynn Addy Dr

Stockbridge, GA 30281
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2 bd, 1 ba | 1,020 sqft | Built in 1997

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List Price
$75,000

Initial Investment

$23,438

Purchase Price

$75,000

Down Payment

25%

Rent

$825

Total Return

$45,679

Annualized Return

25.8%

Cap Rate

7.9%

Gross Yield

13.2%

Cash Flow

$1,306

Appreciation

9.4%
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Features

Occupancy

Vacant

Lot Size

4,791

HOA

None

Flood Risk

Not Required

  • Attractive 8.1% cap rate in a strong 3 star neighborhood
  • Cozy back patio
  • Conveniently located 20 minutes from Downtown Atlanta
  • Listed on MLS 03.19.2019

MARKETS

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NEIGHBORHOOD

SCHOOLS

See more in Analysis
Matt Thomas
Roofstock LLC

Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$2,822

Property Taxes

-$1,200

Loan Payments

-$4,077

Net Cash Flow

$1,306

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Satima Porter
Mark Spain Real Estate
Certified Agent Brokerage:Matt Thomas
Roofstock LLC
SourceGeorgia MLS
MLS #8545775
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