Generating over $7,000 per month in gross rental income ($85,000+ per year), this seasoned PadSplit coliving home offers a unique combination of cash flow and turnkey management in a sought-after location. This 4-sided brick home on a beautiful lot in Decatur. It's close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. 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. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. 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.
Closed
$320,000
3492 Stardust Cir, Decatur, GA 30034
10beds
2,834sqft
Single Family Residence, Residential
Built in 1963
0.6 Acres Lot
$300,000 Zestimate®
$113/sqft
$5,538 Estimated rent
Home value
$300,000
$258,000 - $342,000
$5,538/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 20, 2024 at 02:08am
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560
Bought with:
Brandon Beamer, 421708
Keller Williams Realty Metro Atlanta
Source: FMLS GA,MLS#: 7315832
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Master on Main, Roommate Floor Plan
- Level: Master on Main, Roommate Floor Plan
Bedroom
- Features: Master on Main, Roommate Floor Plan
Primary bathroom
- Features: Shower Only
Dining room
- Features: None
Kitchen
- Features: Cabinets White, Stone Counters
Heating
- Central, Natural Gas
Cooling
- Electric
Appliances
- Included: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
- Laundry: In Basement
Features
- High Speed Internet
- Flooring: Ceramic Tile, Laminate
- Windows: None
- Basement: Finished
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,834
- Total interior livable area: 2,834 sqft
- Finished area above ground: 1,417
- Finished area below ground: 1,417
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Exterior features: Rain Gutters, No Dock
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.60 Acres
- Features: Back Yard, Front Yard, Level
Details
- Additional structures: None
- Parcel number: 15 123 11 022
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Near Schools, Restaurant, Street Lights
Location
- Region: Decatur
- Subdivision: Rainbow Estates
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Body type: Other
- Listing terms: Cash,Conventional,VA Loan
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 1/16/2024 | Sold | $320,000+12.7%$113/sqft |
Source:  FMLS GA #7315832 | ||
| 12/22/2023 | Pending sale | $284,000$100/sqft |
Source:  GAMLS #10234895 | ||
| 12/20/2023 | Listed for sale | $284,000+62.3%$100/sqft |
Source: GAMLS #10234895 | ||
| 10/11/2021 | Listing removed | -- |
Source: GAMLS #9048789 | ||
| 9/14/2021 | Pending sale | $175,000$62/sqft |
Source: GAMLS #9048789 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,899 +19% | $100,960 +19.7% |
| 2023 | $4,118 +12.9% | $84,320 +13.2% |
| 2022 | $3,647 +99.9% | $74,480 +30.2% |
Find assessor info on the county website
Neighborhood: Panthersville
Nearby schools
GreatSchools rating
- 4/10Columbia Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Columbia Middle SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Columbia High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Columbia
- Middle: Columbia - Dekalb
- High: Columbia
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$300,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$300,000