2611 Golfview Ter SE
Conyers, GA 30013
3 Beds1.5 Baths1,312 Sq Ft7 Days on Market
Listing Agent & Comments
Envision the steady stream of income flowing into your portfolio from this duplex in Conyers, Georgia. This isn't just a property; it's a turnkey investment poised to deliver consistent returns and long-term appreciation in a sought-after location. Both units offer 3-bedroom, 1 full bathroom, 1 half bathroom layout, ensuring broad tenant appeal. Both units have a brick fireplace, granite countertops, tile flooring, and even an in-unit washer/dryer. The fenced yard and screened porch in the back of both units add significant lifestyle value, setting your property apart in the market. Capitalize on the immediate income stream with both units currently leased. The property's strong 2024 revenue of $32,082 speaks volumes about its earning potential.Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta-all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.
MLS# 10539665 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,312 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 6 |
Bedrooms | 3 |
Bathrooms | 1.5 |
Stories | 2 |
Year Built | 1979 |
Property Type | Multifamily |
Zoning | R3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $5,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$390,667
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Crime reports
New
Do you own this home?
Access your homeowner dashboard
2611 Golfview Ter SE, Conyers, GA 30013
Multifamily3 Beds1.5 Baths1,312 Sq Ft7 Days on Market
Listing Agent & Comments
Envision the steady stream of income flowing into your portfolio from this duplex in Conyers, Georgia. This isn't just a property; it's a turnkey investment poised to deliver consistent returns and long-term appreciation in a sought-after location. Both units offer 3-bedroom, 1 full bathroom, 1 half bathroom layout, ensuring broad tenant appeal. Both units have a brick fireplace, granite countertops, tile flooring, and even an in-unit washer/dryer. The fenced yard and screened porch in the back of both units add significant lifestyle value, setting your property apart in the market. Capitalize on the immediate income stream with both units currently leased. The property's strong 2024 revenue of $32,082 speaks volumes about its earning potential.Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta-all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.
MLS# 10539665 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,312 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 6 |
Bedrooms | 3 |
Bathrooms | 1.5 |
Stories | 2 |
Year Built | 1979 |
Property Type | Multifamily |
Zoning | R3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $5,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
This property is missing data for:
Crime reports
New
Do you own this home?
Access your homeowner dashboard
2611 Golfview Ter SE
Conyers, GA 30013
3 Beds1.5 Baths1,312 Sq Ft7 Days on Market
Listing Agent & Comments
Envision the steady stream of income flowing into your portfolio from this duplex in Conyers, Georgia. This isn't just a property; it's a turnkey investment poised to deliver consistent returns and long-term appreciation in a sought-after location. Both units offer 3-bedroom, 1 full bathroom, 1 half bathroom layout, ensuring broad tenant appeal. Both units have a brick fireplace, granite countertops, tile flooring, and even an in-unit washer/dryer. The fenced yard and screened porch in the back of both units add significant lifestyle value, setting your property apart in the market. Capitalize on the immediate income stream with both units currently leased. The property's strong 2024 revenue of $32,082 speaks volumes about its earning potential.Appraised at $400,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 15% expense ratio, operating expenses would be approximately $6,390, resulting in a Net Operating Income (NOI) of $36,210. This would raise the cap rate to 9.16%. With a $395,000 purchase price, a 20% down payment ($79,000), and an estimated annual debt service of $23,694, projected cash flow would increase to $12,516/year - delivering an improved cash-on-cash return of 15.8%. The area is also seeing rapid growth, with new jobs coming to major employers like Archer Aviation and Meta-all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases.
MLS# 10539665 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,312 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 6 |
Bedrooms | 3 |
Bathrooms | 1.5 |
Stories | 2 |
Year Built | 1979 |
Property Type | Multifamily |
Zoning | R3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $5,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$390,667
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Crime reports
New
Do you own this home?
Access your homeowner dashboard