
Buy & Hold | Dec 2020 – Present
Single-family residence – 441 Parkway Dr. NE, Atlanta, GA, 30307
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Purchase price: $436,000.00
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Cash invested: $43,600.00
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Monthly cashflow: $500.00
This property was an Airbnb after I lived in it for a year, until the HOA forced me to turn it into a long-term rental (LTR). As an Airbnb, it was bringing in $2,000 per month because it was a new construction house in a prime location. In 2024, I had to switch it to an LTR, and it’s still doing well! The lesson here? When you buy a property for Airbnb, always have a backup plan! The current Zestimate for this property is $541,300.