2609 Country Trace SE Conyers, GA 30013
Estimated payment $2,752/month
Highlights
- Very Popular Property
- Cul-De-Sac
- Energy-Efficient Appliances
- Neighborhood Views
- Tile Flooring
- Central Heating and Cooling System
About This Home
Imagine the satisfaction of owning a property that works for you, consistently generating income and building your wealth. Seize this opportunity to acquire a well-maintained duplex at 2609 Country Trace. Each spacious unit has 3-bedroom, 2-bathroom layout, complete with a cozy fireplace that adds a touch of home and enhances tenant appeal. With a proven rental history generating a solid $30,876 in 2024, this property offers immediate cash flow. Both units are currently leased, providing continuous income from day one. This duplex isn't just a property; it's a pathway to financial freedom. Whether you're a seasoned investor looking to expand your portfolio or a savvy first-time buyer seeking to offset your mortgage with rental income, this is your chance to secure a tangible asset in a promising location. The property's good condition minimizes immediate concerns, allowing you to focus on maximizing your returns. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,511
Year Built
- Built in 1985
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 119x89x117x89
- Cul-De-Sac
- Wood Fence
- Back Yard Fenced
- Level Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Cement Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Insulated Windows
- Neighborhood Views
Flooring
- Carpet
- Tile
Parking
- 2 Parking Spaces
- Paved Parking
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient Insulation
- Energy-Efficient Thermostat
Schools
- Peek's Chapel Elementary School
- Memorial Middle School
- Salem High School
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Community Details
- 2 Units
- Country Walk At Fieldstone Subdivision
Listing and Financial Details
- Tax Lot 215
- Assessor Parcel Number 077A020091
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $6,511 | $164,800 | $46,160 | $118,640 |
2023 | $5,766 | $141,880 | $30,800 | $111,080 |
2022 | $2,618 | $62,560 | $6,000 | $56,560 |
2021 | $2,588 | $62,560 | $6,000 | $56,560 |
2020 | $2,687 | $62,560 | $6,000 | $56,560 |
2019 | $2,468 | $54,520 | $4,320 | $50,200 |
2018 | $1,828 | $40,080 | $4,320 | $35,760 |
2017 | $1,634 | $35,440 | $4,320 | $31,120 |
2016 | $1,634 | $35,440 | $4,320 | $31,120 |
2015 | $1,635 | $35,440 | $4,320 | $31,120 |
2014 | $1,571 | $33,680 | $4,320 | $29,360 |
2013 | -- | $42,560 | $8,000 | $34,560 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/05/2025 06/05/25 | For Sale | $395,000 | +172.4% | -- |
08/06/2018 08/06/18 | Sold | $145,000 | -3.3% | $86 / Sq Ft |
06/27/2018 06/27/18 | Price Changed | $150,000 | +2.8% | $89 / Sq Ft |
06/06/2018 06/06/18 | Pending | -- | -- | -- |
05/30/2018 05/30/18 | For Sale | $145,900 | -- | $87 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | -- | |
Warranty Deed | $145,000 | -- | |
Deed | $171,000 | -- | |
Deed | $151,900 | -- | |
Deed | $128,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $108,750 | New Conventional | |
Previous Owner | $170,950 | Stand Alone Second | |
Previous Owner | $151,900 | New Conventional | |
Previous Owner | $120,750 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $115,650 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7564936

APN: 077-A-02-0091
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