2604 Del Ridge Dr Douglasville, GA 30135
3bd, 2ba | 1,164sqft | Built in 1983
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Initial Investment
$124,725
List Price: $115,000
Purchase Price
$115,000
Down Payment
100%
Rent
$1,150

Total Return
$43,598
Annualized Return
7.0%
Cap Rate
7.7%
Gross Yield
12.0%
Cash Flow
$8,147
Appreciation
2.4%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
20,908 
HOA
None
Flood Risk
Not Required
  • Split level home with finished lower level, new siding, gutters and water heater, and recently installed propane wall heaters
  • Very Attractive 7.1% cap rate and 11% gross yield
  • Located in a 3.5-star neighborhood
  • Located with convenient access to Sweetwater Creek State Park, shopping and entertainment, and expressways
  • Listed on MLS 12/13/2018

Annual Financial Highlight
Expected Rent
$13,110
Expenses
-$3,363
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$8,147
Considerations
Property Characteristics    View Details



Buyer's Agent
An experienced local broker will represent and assist you throughout the transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact them with questions even before making an offer.
  • Plus, a professional home inspection will be conducted during closing, paid for by Roofstock. As soon as the inspection report is ready, your Buyer’s Agent will discuss the findings with you and help with any next steps.
  • There is no additional cost to having a Buyer’s Agent as their fees will be paid by the seller.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

Listed By: Barbara Shaw, Maximum One Grt. Atl. REALTORS
Listing Source: MLS #8497323 details provided by Georgia MLS. Information deemed reliable but not guaranteed. Copyright 2019 Georgia MLS. All rights reserved. Data is refreshed every 30 minutes.
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