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PRICE $420,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 13,373 sqft
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Welcome to this well-maintained duplex, offering two spacious 3-bedroom, 3-bathroom units - each designed for comfort and convenience. Over $70,000 in renovations/upgrades in 2021. Unit A rents for $1,560/month and Unit B for $1,657/month, generating a total monthly income of $3,217, or $38,604 annually. With estimated annual expenses at 16% of gross income ($6,176.64), this property delivers a solid Net Operating Income of $32,427.36 and a cap rate of approximately of 7.91%. Assuming a 20% down payment and a 30-year fixed mortgage at a 6.5% interest rate, annual debt service is estimated at $24,872.40. This results in an estimated pre-tax cash flow of approximately $630/month or $7,555/year in the first year - making this duplex a compelling option for investors seeking steady returns. 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 16% expense ratio, operating expenses would be approximately $6,816, resulting in a Net Operating Income (NOI) of $35,784. This would raise the cap rate to 8.73%. With a $410,00 purchase price, a 20% down payment ($82,000), and an estimated annual debt service of $24,864, projected cash flow would increase to $10,920/year - delivering an improved cash-on-cash return of 13.3%. Inside, each unit features a cozy family room with a fireplace, a functional kitchen with black appliances and generous cabinetry, and a dedicated laundry room. Bedrooms are comfortably carpeted with ceiling fans throughout, while each primary suite offers a spacious walk-in closet and abundant natural light. Outside, the fenced backyard provides a private space to relax or entertain. The area is also seeing rapid growth, with 5,600 new jobs coming to major employers like Rivian, 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. Whether you're seeking rental income or a multi-generational living solution, this property offers the ideal combination of versatility, value, and steady returns. ***No showings until due diligence period. Please do not disturb tenants.***

DAYS ON MARKET 1 LAST UPDATED 6/17/2025
TRACT Country Walk At Fieldstone YEAR BUILT 1984
GARAGE SPACES 4.0 COUNTY Rockdale
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
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
GARAGE Yes
HEAT Central, Forced Air
LOT 0.307 acre(s)
PARKING Kitchen Level
SEWER Public Sewer
STORIES 2
SUBDIVISION Country Walk At Fieldstone
TAXES 7506
UTILITIES Other
WATER Public
WATER ACCESS NONE
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Realty Atlanta North
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