8451 Magnolia Dr
Jonesboro, GA 30238
8 Beds2 Baths1,851 Sq Ft13 Days on Market
Listing Agent & Comments
This turnkey 8-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 1,850 sqft property generates $4,450/month in gross rents with an estimated NOI of $2,300/month and a 10.6% cap rate. Just minutes from major interstates and Hartsfield-Jackson International Airport, Magnolia Drive is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools. If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out-we'd be happy to walk you through it.
MLS# 10511216 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,851 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 5 |
Bedrooms | 8 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | RG75 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $2,918 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$254,326
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?
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8451 Magnolia Dr., Jonesboro, GA 30238
Single Family Detached8 Beds2 Baths1,851 Sq Ft13 Days on Market
Listing Agent & Comments
This turnkey 8-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 1,850 sqft property generates $4,450/month in gross rents with an estimated NOI of $2,300/month and a 10.6% cap rate. Just minutes from major interstates and Hartsfield-Jackson International Airport, Magnolia Drive is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools. If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out-we'd be happy to walk you through it.
MLS# 10511216 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,851 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 5 |
Bedrooms | 8 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | RG75 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $2,918 |
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
8451 Magnolia Dr
Jonesboro, GA 30238
8 Beds2 Baths1,851 Sq Ft13 Days on Market
Listing Agent & Comments
This turnkey 8-bedroom, 3-bathroom (2 shared baths) co-living home presents a rare opportunity for investors seeking high monthly cash flow in the Atlanta metro area. Fully renovated and fully occupied through PadSplit, this 1,850 sqft property generates $4,450/month in gross rents with an estimated NOI of $2,300/month and a 10.6% cap rate. Just minutes from major interstates and Hartsfield-Jackson International Airport, Magnolia Drive is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools. If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out-we'd be happy to walk you through it.
MLS# 10511216 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,851 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | 5 |
Bedrooms | 8 |
Bathrooms | 2 |
Stories | -- |
Year Built | 1971 |
Property Type | Single Family Detached |
Zoning | RG75 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2024 |
Tax Amount | $2,918 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$254,326
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