We lease, and manage, properties in the 30009 area. Currently we have 4 older 2BR townhomes with very basic features and no garages that rent for $750 to $850. A newer 2 BR/2BA 1300sq ft condo w/ 1car garage, in a gated swim community across the street leases for $1000 to $1050. Another 2BR/2BA newer townhome with approx 1250 sq feet, no garage, swim community lease for $1100.
Click the link below to see the last 6 monhts market activity, and current available inventory for 2BR/2BA homes in 30009.
8103 Woodland and 1410 Kilmington on the list in the link are actually properties that we lease and/or manage in that area.
Keep a couple of things in mind if you are thinking of investing:
1. MOST IMPORTANT! Does the homeowner's association allow leasing in that community? Many, if not most, of the townhome/condo communities in that area are over their limit on the amount of rentals they allow so you would not be able to buy a property and immediately lease it out. In most cases you would need to apply for a lease permit and wait until you get it approved before you can lease. This could take weeks, months, or even years.
2. Keep in mind that you have to factor in monthy condo association dues in your calculations because, in this market, they are not normally passed along to the tenant in addition to their rent payment.
Hope this has helped.
Key Locations Property Management LLC
You may find it to be higher or lower depending upon the the community and it's desireability.
Keller Williams Realty
"Serving Atlanta Since 1984"
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyleÂ® Renovation | VA | USDA | GA Dream | Jumbo Financing
Hope that helps! If you want individual listings e-mailed to you let me know.
Katherine L. Morrison, Realtor
Team Realty Group