About 271 Leafwood Lane
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.
Features of 271 Leafwood Lane
| MLS® # | 7569624 |
|---|---|
| Price | $260,000 |
| Bedrooms | 9 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,022 |
| Acres | 0.29 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Pending |
| Has Master On Main | No |
| Basement | Yes |
Community Information
| Address | 271 Leafwood Lane |
|---|---|
| Subdivision | Clayton Ridge |
| City | Riverdale |
| County | Clayton - GA |
| State | GA |
| Zip Code | 30274 |
Amenities
| Utilities | Electricity Available, Water Available |
|---|---|
| Parking Spaces | 3 |
| Parking | Driveway |
| View | Rural |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Other |
|---|---|
| Appliances | Dryer, Electric Range, Microwave, Refrigerator, Washer, Other |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | Yes |
| Basement | Daylight, Finished, Other |
| Fireplace | No |
| Fireplaces | None |
| Stories | Multi/Split |
Exterior
| Exterior Features | Rain Gutters |
|---|---|
| Lot Description | Back Yard, Front Yard |
| Windows | None |
| Roof | Composition, Shingle |
| Construction | Brick, Brick Front, Wood Siding |
School Information
| Elementary | Brown - Clayton |
|---|---|
| Middle | Pointe South |
| High | Mundys Mill |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Metro Atlanta |
|---|