8451 Magnolia Dr
Jonesboro, GA 30238
8 Beds
2 Baths
1,851 Sq Ft
13 Days on Market
For Sale $255,000
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Courtesy of Keller Williams Realty

Listing Agent & Comments

CaitlynKeller Williams Realty
404-564-5560cv.sellshomes@gmail.com License #414610
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
Additional home details
Living Area1,851 Sq.Ft.
Lot Size0.3 Acres
Total Rooms5
Bedrooms8
Bathrooms2
Stories--
Year Built1971
Property TypeSingle Family Detached
ZoningRG75
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$2,918
Property in Flood Zone--
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
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house

8451 Magnolia Dr., Jonesboro, GA 30238

Single Family Detached
8 Beds
2 Baths
1,851 Sq Ft
13 Days on Market

Listing Agent & Comments

CaitlynKeller Williams Realty
404-564-5560cv.sellshomes@gmail.com License #414610
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
Additional home details
Living Area1,851 Sq.Ft.
Lot Size0.3 Acres
Total Rooms5
Bedrooms8
Bathrooms2
Stories--
Year Built1971
Property TypeSingle Family Detached
ZoningRG75
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$2,918
Property in Flood Zone--
This property is missing data for:
Crime reports
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $255,000
Get_PreApproved_Property_Details
Save
Courtesy of Keller Williams Realty
8451 Magnolia Dr
Jonesboro, GA 30238
8 Beds
2 Baths
1,851 Sq Ft
13 Days on Market

Listing Agent & Comments

CaitlynKeller Williams Realty
404-564-5560cv.sellshomes@gmail.com License #414610
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
Additional home details
Living Area1,851 Sq.Ft.
Lot Size0.3 Acres
Total Rooms5
Bedrooms8
Bathrooms2
Stories--
Year Built1971
Property TypeSingle Family Detached
ZoningRG75
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2024
Tax Amount$2,918
Property in Flood Zone--
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
house

For Sale $255,000
Get_PreApproved_Property_Details
Save
Courtesy of Keller Williams Realty