This Jonesoboro rental is ideal for the savvy investor. The rental income fantastic! it grosses $4000 per month on average. It's close to the interstates, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Last Agent to Sell the Property
Keller Williams Realty License #379772 Listed on: 08/22/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Bedrooms and Bathrooms
Parking
Schools
Utilities
Listing and Financial Details
Overview
Amenities
$255,000
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
Caitlyn Verdugo Keller Williams Realty
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $215,000 | -- | |
| Warranty Deed | $150,000 | -- | |
| Deed | $62,900 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $18,200 | Stand Alone Second | |
| Previous Owner | $92,620 | Stand Alone Second | |
| Previous Owner | $75,600 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $0 | VA |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $255,000 | +18.6% | $138 / Sq Ft |
| 10/07/2024 10/07/24 | Sold | $215,000 | -6.1% | $116 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 09/06/2024 09/06/24 | Price Changed | $229,000 | -4.2% | $124 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $239,000 | +59.3% | $129 / Sq Ft |
| 08/25/2021 08/25/21 | Sold | $150,000 | +7.1% | $81 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $140,000 | -- | $76 / Sq Ft |
| 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 | $2,918 | $74,800 | $6,400 | $68,400 |
| 2023 | $2,701 | $74,800 | $6,400 | $68,400 |
| 2022 | $2,301 | $58,640 | $6,400 | $52,240 |
| 2021 | $1,186 | $40,040 | $6,400 | $33,640 |
| 2020 | $821 | $30,531 | $6,400 | $24,131 |
| 2019 | $688 | $26,957 | $5,600 | $21,357 |
| 2018 | $578 | $24,232 | $5,600 | $18,632 |
| 2017 | $469 | $21,517 | $5,600 | $15,917 |
| 2016 | $437 | $20,745 | $5,600 | $15,145 |
| 2015 | $385 | $0 | $0 | $0 |
| 2014 | $436 | $20,950 | $5,600 | $15,350 |
Seller's Agent in 2025
Caitlyn Verdugo
Keller Williams Realty
(714) 408-5496
1 in this area
45 Total Sales
A
Buyer's Agent in 2025
Anthony Williams
Keller Williams Realty
(850) 710-2116
1 in this area
6 Total Sales
Seller's Agent in 2024
Josh Stanton
Keller Williams Realty
(678) 929-5949
18 in this area
235 Total Sales
Buyer's Agent in 2024
Rachel Lipszyc
Azure Realty
(678) 599-5358
2 in this area
110 Total Sales
Seller's Agent in 2021
Shantana Jones
Dominion and Power Estates
(470) 527-1121
1 in this area
6 Total Sales
Buyer's Agent in 2021
James Casbarro
Macks Group
(678) 416-9676
6 in this area
64 Total Sales
Source: Georgia MLS
MLS Number: 10363322
APN: 13-0239C-00F-008
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.