271 Leafwood LN new Save Request In-Person Tour Request Virtual Tour
Riverdale,GA 30274
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,022 sqft
Price per Sqft $128
Subdivision Clayton Ridge
MLS Listing ID 7569624
Style Traditional
Bedrooms 9
Full Baths 3
Year Built 1972
Annual Tax Amount $2,434
Tax Year 2024
Lot Size 0.286 Acres
Property Sub-Type Single Family Residence
Property Description
This turnkey 9-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 2,022 sqft property generates $5,770/month in gross rents with an estimated NOI of $3,300/month and a 15.2% cap rate.
Just minutes from major interstates and Hartsfield-Jackson International Airport, Leafwood Lane is ideally positioned for workforce housing, attracting reliable tenants looking to live closer to job hubs. PadSplit is a co-living platform that helps provide affordable housing to working professionals while maximizing returns for property owners. The platform handles tenant screening and onboarding, income verification, rent collection, and provides easy communication and maintenance management tools.
If you're unfamiliar with how PadSplit works or want to explore whether this model is right for you, reach out—we'd be happy to walk you through it.
Location
State GA
County Clayton
Rooms
Other Rooms None
Dining Room None
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Laundry In Basement
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence Back Yard,Chain Link
Pool None
Community Features None
Utilities Available Electricity Available,Water Available
Waterfront Description None
View Rural
Roof Type Composition,Shingle
Building
Lot Description Back Yard,Front Yard
Story Multi/Split
Foundation Combination
Sewer Public Sewer
Water Public
Structure Type Brick,Brick Front,Wood Siding
New Construction No
Schools
Elementary Schools Brown - Clayton
Middle Schools Pointe South
High Schools Mundys Mill
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None