$385,000
About This Home
Fantastic investment opportunity with a solid 6.7% cap rate! This well-maintained duplex features two 3 bed / 2 bath units, each with a tastefully remodeled kitchen, living rooms with a fireplace, and large backyard. One unit is rented at $1,325 and the other at $1,330 per month, generating a total annual income of $31,860. With only 16% annual expenses, the property produces a healthy net operating income of $26,762. Perfect for investors seeking a turn-key, income-producing property, this home offers strong rental history, reliable tenants, and easy management. Don't miss your chance to own a proven performer with steady cash flow and long-term growth potential. Pro Forma: At current market rents of $1,600 per unit, projected annual income increases to $38,400, resulting in an estimated net operating income of $32,256 and a potential cap rate of 8.1%. This provides exceptional upside for investors seeking both stability and appreciation in a growing rental market.
Location
2609 Country Trace SE, Conyers, GA, USA, 30013
Listing Agent
