2611 Golfview TER SE Conyers, GA 30013
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Fieldstone View
MLS Listing ID 7664894
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $5,532
Tax Year 2024
Lot Size 0.342 Acres
Acres 0.342
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
The area is also experiencing rapid growth, with 5,600 new jobs coming to major employers such as Rivian, Archer Aviation, and Meta, all within a 10-minute drive. Average rents for 3-bedroom rentals in the area are currently around $1,500/month, presenting strong upside potential for future rent increases.
Whether you're seeking reliable rental income or a multi-generational living solution, this property offers an ideal combination of versatility, value, and steady returns.
Unit A currently rents for $1,160/month and Unit B rents for $1,602/month, generating approximately $33,144 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($5,303), resulting in a Net Operating Income (NOI) of approximately $27,841.
2611 Golf View Terrace, Conyers is now offered at $362,000. Based on a 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $21,511. This results in estimated annual cash flow of approximately $6,330 and a cap rate near 7.7%, making this an attractive opportunity for investors seeking stable returns and future appreciation potential.
MARKET RENT POTENTIAL: With average 3-bedroom rents in the area currently around $1,500/month, total monthly rental income could increase to approximately $3,000/month or $36,000 annually. This provides additional upside potential for increased NOI and stronger future cash flow.
Location
State GA
County Rockdale
Area Fieldstone View
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features Insulated Windows
Exterior
Parking Features Driveway
Fence Back Yard, Chain Link
Community Features None
Utilities Available Cable Available, Sewer Available, Water Available, Electricity Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Level, Wooded
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Cement Siding
Construction Status Resale
Schools
Elementary Schools Peek'S Chapel
Middle Schools Memorial
High Schools Salem
Others
Senior Community no
Tax ID 077A010004
