Status: Active
9 Quail Run
Decatur, GA 30035
1% Drop
$122,500
$121,500
------/mo*
CalculateINVESTOR ALERT! 9.82% CAP RATE - Turnkey, Tenanted Decatur Condo - PRICED FOR PERFORMANCE! Attention Savvy Investors and Portfolio Builders! Seize this rare opportunity to acquire a high-performing, turnkey rental asset in a sought-after Decatur location. This renovated condo is an investor's dream, delivering immediate cash flow from day one with a strong tenant already in place. Generating an impressive $2,150 in gross monthly rent, the numbers on this property speak for themselves, projecting a robust ~9.82% CAP RATE after factoring in HOA fees, taxes, insurance, and a conservative 20% reserve for vacancy and maintenance. This is not a typical listing. This property has undergone a rigorous, data-driven VALIDTM Financial Assessment, ensuring the financial projections are transparent and vetted for performance. The work has been done for you - acquire the asset and start collecting rent. This is the definition of a strategic portfolio addition. Priced aggressively for a swift transaction, this is your chance to secure a powerful income-producing property without the headaches of renovation and tenant placement. CRITICAL INFORMATION FOR ALL BUYERS AND AGENTS: 1. PROPERTY IS SOLD STRICTLY "AS-IS": The property is offered in its current condition. The seller will make NO repairs, warranties, or concessions. Buyer is responsible for all due diligence. 2. PROPERTY IS SOLD "AS OCCUPIED": This property is tenant-occupied and will be sold with the tenant in place. The buyer will assume the current lease and tenant. There will be NO vacant delivery. 3. DO NOT DISTURB TENANTS: Under NO circumstances should anyone approach the property or disturb the tenants. All showings and inquiries MUST be scheduled and coordinated exclusively through the listing agent. Unauthorized contact will result in immediate disqualification of the offer. Showing Instructions: All showings require proof of funds or a lender pre-approval letter for an investor loan. 24--hour notice is required.
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- Bedrooms
- 3
- Baths
- 2.5
- House Size
- --
- Year Built
- 1973
- Lot Size
- 0.03 ac
Location
Market Insights
In the last 30 days, homes for sale in 30035, Decatur, GA were on the market for a median of 43 days and 13.79% of homes sold above list price.
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Get StartedInterior Information
- appliances
- Dishwasher
- Refrigerator
- basement
- None
- cooling
- Central Air
- features
- High Ceilings
- flooring
- Laminate
- heating
- Central
- laundry features
- Other
- window features
- Insulated Windows
- Double Pane Windows
Exterior Information
- roof
- Composition
Property Information
- architectural style
- Contemporary
- Other
- community
- None
- construction
- Wood Siding
- foundation
- Slab
- lot
- Other
- parking
- Off Street
- sewer
- Public Sewer
- subdivision name
- Hillside
- utilities
- Cable Available
- Electricity Available
- Phone Available
- Sewer Available
- water source
- Public
- Listed By JC Fagundes
- YoloREaltyGA@gmail.com
- YOLO Realty GA
- (404) 255-8655
- yolorealtyga@gmail.com
- MLS 10559637
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $2,906 (+31%) | $25,000 | $138,200 | $163,200 (+31.7%) |
| 2023 | $2,218 (+8.9%) | $25,000 | $98,900 | $123,900 (+8%) |
| 2022 | $2,038 (+130.9%) | $4,000 | $110,700 | $114,700 (+134.6%) |
| 2021 | $882 (0%) | $4,000 | $44,900 | $48,900 (+85.2%) |
| 2020 | $882 | $4,000 | $22,400 | $26,400 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$1,082
30 year fixed·6.9% interest rate
- Principal & Interest
- $640
- Property Taxes
- $242
- Home Insurance
- $200
- HOA Fees
- $0
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
