2611 Golfview Terrace Se, Conyers, GA 30013
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
2611 Golfview Terrace Se,Conyers, GA 30013
$395,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: janice overbeck, julie uden
Office: keller williams realty atl north
MLS#:7800637
Source:FIRSTMLS
Price summary
- Price:$395,000
About this home
Welcome to this well-maintained, freshly updated four-sided brick duplex, where each 1,680 sq ft unit features 3 spacious bedrooms and 1.5 bathrooms designed for comfort and convenience. Over $30,000 in renovations and upgrades were completed in 2021, with additional recent updates including fresh interior paint, new bathroom vanities, and new carpet throughout the bedrooms. Inside, each unit offers a cozy family room with a fireplace, a functional kitchen with stainless steel appliances and generous cabinetry, and a dedicated laundry room. The bedrooms are filled with abundant natural light and feature new carpeting for added comfort. Outside, the fenced backyard provides a private space to relax or entertain, along with a covered porch.
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 2609 currently rents for $1,230/month, and Unit 2611 is currently vacant. If unit 2611 is to rent for $1,230/month, generating approximately $29,520 in gross annual income. Estimated annual operating expenses are approximately 16% of gross income ($4,723), resulting in a Net Operating Income (NOI) of approximately $24,797.
Based on a $395,000 purchase price, 20% down payment, 30-year amortization, and an estimated 6.3% interest rate, projected annual debt service is approximately $23,470. This results in an estimated annual cash flow of approximately $1,327 and a cap rate of approximately 6.3%, making this an attractive opportunity for investors seeking long-term appreciation with immediate income and upside 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. At market rents, the estimated NOI increases to approximately $30,240, annual cash flow improves to approximately $6,770, and the projected cap rate increases to approximately 7.7%, providing significant upside through future rent growth and increased returns....
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Home facts
- Year built:1979
- Subdivision & Development:Fieldstone View
- Listing ID #:7800637
- Updated:August 03, 2026 at 09:41 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1979
- Lot area:0.34 Acres
- Lot Features:Level, Wooded
- Construction Materials:Cement Siding
- Levels:2 Story
Schools
- High school:Salem
- Middle school:Memorial
- Elementary school:Peek's Chapel
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$395,000
- Tax amount:$5,532 (2024)
Parking
- Total parking spaces:2
- Parking description:Driveway
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