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271 Leafwood LN Riverdale, GA 30274
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Key Details
Sold Price $251,200
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,022 sqft
Price per Sqft $124
Subdivision Clayton Ridge
MLS Listing ID 10511215
Sold Date 07/03/25
Style Brick Front,Traditional
Bedrooms 9
Full Baths 3
HOA Y/N No
Year Built 1972
Annual Tax Amount $2,434
Tax Year 24
Lot Size 0.286 Acres
Acres 0.286
Lot Dimensions 12458.16
Property Sub-Type Single Family Residence
Source Georgia MLS 2
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
Basement Daylight, Finished
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Appliance Dryer, Microwave, Range, Refrigerator, Washer
Laundry In Basement
Exterior
Parking Features Off Street
Garage Spaces 3.0
Fence Back Yard, Chain Link
Community Features None
Utilities Available Electricity Available, Water Available
View Y/N No
Roof Type Composition
Total Parking Spaces 3
Garage No
Private Pool No
Building
Lot Description Other
Faces Take I-285S to I-285W, Take exit 58 to merge onto I-75S towards Macon, Take exit 235 towards US19/Hwy41/GA-3/Griffin/Jonesboro, continue onto Tara Blvd, Turn right onto Flint River Rd, Turn left onto Homewood Dr, Turn right onto Leafwood Lane, Destination will be on your right.
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Brown
Middle Schools Pointe South
High Schools Mundys Mill
Others
HOA Fee Include None
Tax ID 05245A G028
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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