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Transaction Highlights
- Address: 1621 N Columbia Pl Decatur, GA 30032
- Re-Inspection: Friday, October 12th at 10:15 AM ET
- Repairs: Please see description below
- Asking Price: $104,900
- Pictures: >> Click Here For Pictures <<
- Video: >> Click Here For Video <<
- Layout Sketch and Measurements: Coming Soon
- Inspection Report: >> Click Here For Inspection Report <<
Opportunity Description
The contract for this three (3) bedroom, one (1) bathroom property at 1621 N Columbia Pl Decatur, GA 30032 offers fantastic return opportunities for landlords and fix and flip investors!
Rehab investors can potentially earn cash-on-cash returns of 21% or greater with the contract for this property. Similar-sized renovated homes like 3273 Bobolink Dr have sold for $170,000 with other slightly larger nearby renovated homes selling for as much as $220,000 or more!
Landlord investors can expect rents of $1,150 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 9%!
Repairs Needed: This property is in pretty good shape. The roof, electrical system, HVAC and water heater were all replaced within the last two years. The basement is partially finished. Some updates are needed to maximize its potential, and you may consider adding a second bathroom and/or additional square feet.
Don’t lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property!
RSVP for our one and only inspection on Tuesday, July 31st at 11 AM ET.