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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.
| DAYS ON MARKET | 10 | LAST UPDATED | 6/9/2025 |
|---|---|---|---|
| TRACT | Fieldstone View | YEAR BUILT | 1979 |
| GARAGE SPACES | 2.0 | COUNTY | Rockdale |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Peeks Chapel |
|---|---|
| Jr. High School | Memorial |
| High School | Salem |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| CONSTRUCTION | Brick, Concrete |
| GARAGE | Yes |
| HEAT | Central |
| LOT | 0.342 acre(s) |
| PARKING | Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Fieldstone View |
| TAXES | 5532 |
| UTILITIES | Other |
| WATER | Public |
| WATER ACCESS | NONE |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
