$285000 Price Analysis    ♡   Morrow, GA 30260 9 bed 3 bath 1920 SqFt ($148/SqFt) 0.34 acre lot. Built 1972 Listed 2024-07-18, Taxes $1979 | Ⓧ USDA Ineligible due to location near Lake City |
This unincorporated Clayton County rental is ideal for the savvy investor.
The income is bananas- it grosses $6100 per month on average, performing at an eye-popping 13%+ cap rate. It's close to the interstate, the busiest airport in the world and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not helps members save money and live closer to work but provides a tremendous investment for its owner.
All members are professonally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from mem bers 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. 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.
Presented by Josh Stanton at
Keller Williams Realty Metro Atlanta.
Property MLS #7423178 from FMLS
Bedrooms On Main Level: 4
Full Bathrooms: 3
Range Hood
Refrigerator
Laundry Features: Common Area
Heating Features: Central
Fencing: Back Yard, Chain Link, Wood
Other Structures: Shed(s)
Patio And Porch Features: Patio
Road Frontage Type: City Street
Road Surface Type: Asphalt
Lot Size Acres: 0.344
Lot Size Dimensions: 100x151x100x151
Lot Size Square Feet: 14985
High School: Morrow
Middle School: Morrow
Map directions Map directions Map directions Map directionsTax Block: D
Source Listing Status: Active
County: Clayton - GA
Directions: Head S on I-75S, take exit 231 for Mt Zion Blvd E ramp, turn left onto Maddox Rd, turn right onto Castile Dr, turn right onto Veracruse Dr, turn left onto Sparta Dr, destinatoin will be on the right.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Source Neighborhood: Renaldo Manor
Parcel Number: 12117C B002
Subdivision: Renaldo Manor
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $41640 + $8800 $50440 | $1979 |
| 2021 | $33400 + $8800 $42200 | $1666 |
| 2020 | $25471 + $8800 $34271 | $1370 |
| 2019 | $26975 + $6400 $33375 | $1354 |
| 2018 | $21759 + $6400 $28159 | $1143 |
| 2017 | $16688 + $6400 $23088 | $939 |
| 2016 | $15892 + $6400 $22292 | $907 |
| 2015 | $16122 + $6400 $22522 | $901 |
| 2014 | $20491 + $6400 $26891 | $1069 |
| 2013 | $unknown + $unknown $27168 | $1065 |
| 2012 | $unknown + $unknown $27168 | $1073 |
| 2011 | $unknown + $unknown $32180 | $1302 |
| 2010 | $unknown + $unknown $34385 | $1219 |
| 2009 | $unknown + $unknown $41498 | $1476 |
| 2008 | $unknown + $unknown $43315 | $1427 |
| 2007 | $unknown + $unknown $43315 | $1408 |
$285000
FMLS
Listed 2024-07-18
$285000
GeorgiaMLS
Listing removed 2022-11-28
$0
Zumper
Listed for rent 2022-11-15
$608
Zumper
Sold 2021-08-30
$140000
Public Record
Sold 2021-06-10
$140000
GeorgiaMLS
Listed 2021-05-19
$139900
GeorgiaMLS
Year Built: 1972
Above Grade Finished Area: 1920
Common Walls: No Common Walls
Construction Materials: Wood Siding
Foundation Details: Slab
Levels: Multi/Split
Property Age: 52
Property Condition: Resale
Roof: Shingle
House Style: Traditional
Sewer: Public Sewer
Electricity Available
Natural Gas Available
Water Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.