7835 Gray Shoals Dr

Columbus, GA 31904
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3 bd, 2 ba | 1,854 sqft | Built in 1977

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For Sale

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List Price
$225,000

Initial Investment

$61,313
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$225,000

Down Payment

25%

Rent

$1,500

Total Return

$50,050

Annualized Return

12.0%

Cap Rate

4.6%

Gross Yield

8%

Cash Flow

-$2,612

Appreciation

5.1%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

21,344

HOA

None

Flood Risk

Not Required

This spacious contemporary home is located in beautiful Moores Forest which is conveniently located to schools, shopping and expressway. This home has recently had a lot of professional updating to include a new roof, ceramic tile flooring, painting interior and exterior. You will find a large great room with fireplace, and also a spacious family room on the main level as well as the primary bedroom and beautiful updated bathroom. The main level features porcelain tile flooring through out except for the great room which is carpet. On the upper level there are 2 additional bedrooms and a tastefully decorated bathroom. This home is situated on a large lot with the backyard fenced and very private. Excellent schools the assignments they are Double Churches Elementary, Double Churches Middle School and Northside High School.

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Ron Moore
EXP Realty LLC (Ron Moore)
GA Agent License #347154

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Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,158

Property Taxes

-$3,321

Loan Payments

-$12,232

Net Cash Flow

-$2,612

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

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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:Ron Moore
Agent License 347154
EXP Realty LLC (Ron Moore)
Certified Agent Brokerage:Ron Moore
EXP Realty LLC (Ron Moore)
GA Brokerage License H-65080
SourceColumbus Board of Realtors
MLS #197248
Last Updated: 11/21/2022 15:11
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