Should You Be Buying Atlanta Investment Properties for Sale in 2018?

Succeeding in real estate means being a smart real estate investor, and making smart decisions. You should know the real estate market and never settle for less. This blog is talking about Atlanta investment properties for sale in 2018. Should you be buying them?

The Atlanta real estate market is one that’s been raved about for many years. For decades it was a market of constant growth and prosperity. It’s one of the fastest growing cities in America, and you definitely want to be a part of it. How? By investing in Atlanta real estate while you still can. Homeunion made a list of the top 100 places to live in America, and it’s no shock Atlanta made that list. Let’s get into the details of why you should take advantage of Atlanta investment properties for sale this year.

Related: Location Location Location: What Makes for The Best Place to Invest in Real Estate?

Atlanta Real Estate Market

The Atlanta-Sandy Springs-Marietta metro area is among the 20 best housing markets to invest in for 2018, according to Forbes. No surprise there, Atlanta ranked seventh on the list due to its growth in population, jobs, and homes prices.

The population growth and increase in home values is a positive sign for real estate investors. With more residents in the area comes more potential tenants, and increased demand. Real estate investors can expect a decent return on investment without substantial risk. When it comes to residential rentals (traditional rentals or Airbnb rentals), investors should definitely look to the Atlanta metro as a place for growth and cash flow. Already own a short-term rental in Atlanta, but haven’t been making money? Consider listing it on Airbnb Atlanta, as many people choose to find a place to stay through the popular website.

Related: What’s Up with Airbnb Atlanta?

We know everyone can make much better decisions when numbers and facts are involved. So, with the help of Mashvisor’s investment property calculator, we’re able to provide you with the statistics on Atlanta investment properties for sale.

Atlanta Real Estate Market- City Level

• Median Property Price: $465,824
• Monthly Traditional Rental Income: $1,793
• Traditional Cap Rate: 1.82%
• Traditional Cash on Cash Return: 1.82%
• Monthly Airbnb Rental Income: $1,882
• Airbnb Cap Rate: 2.39%
• Airbnb Cash on Cash Return: 2.39%

So, what does this mean? For starters, you’re looking at Atlanta investment properties for sale at a reasonable price. The Atlanta real estate market is currently neutral between a buyer’s market and a seller’s market, according to Zillow. So it’s up to each real estate investor to make the best deal they can.

Keep in mind this is city level data, so you’re bound to find neighborhoods with a higher or lower median property price. Same goes for the cap rate and cash on cash return. If you’re dead set on the textbook rate of 6-8%, you will be able to find individual investment properties that bring this kind of return. Smart real estate investors know to look at the bigger picture. Don’t just focus on the near future. Think long-term. Think sustainable. You want to build a successful real estate investment portfolio. Buying Atlanta investment properties for sale in 2018 is definitely a way to do that.

If you want to start your search for Atlanta investment properties for sale right now, click here. You can use our property finder tool to find properties in Atlanta, and anywhere else in the country.

Related: Property Finder Tool- Finding Real Estate Investment Properties in 2018

Top Neighborhoods in Atlanta

We gave you city-level data, but that’s not all our rental property calculator can provide. Below is the data on a couple of top-performing neighborhoods in Atlanta.

Sweet Auburn

• Median Property Price: $445,659
• Monthly Traditional Rental Income: $1,671
• Traditional Cap Rate: 0.85%
• Traditional Cash on Cash Return: 0.85%
• Monthly Airbnb Rental Income: $2,411
• Airbnb Cap Rate: 2.58%
• Airbnb Cash on Cash Return: 2.58%
• Airbnb Occupancy Rate: 59.51%

Georgia Tech

• Median Property Price: $399,494
• Monthly Traditional Rental Income: $1,784
• Traditional Cap Rate: 1.58%
• Traditional Cash on Cash Return: 1.58%
• Monthly Airbnb Rental Income: $2,149
• Airbnb Cap Rate: 1.75%
• Airbnb Cash on Cash Return: 1.75%
• Airbnb Occupancy Rate: 58.3%

Downtown

• Median Property Price: $337,861
• Monthly Traditional Rental Income: $1,534
• Traditional Cap Rate: 2.38%
• Traditional Cash on Cash Return: 2.38%
• Monthly Airbnb Rental Income: $1,996
• Airbnb Cap Rate: 2.61%
• Airbnb Cash on Cash Return: 2.61%
• Airbnb Occupancy Rate: 58.78%

Poncey-Highland

• Median Property Price: $467,440
• Monthly Traditional Rental Income: $1,886
• Traditional Cap Rate: 1.14%
• Traditional Cash on Cash Return: 1.14%
• Monthly Airbnb Rental Income: $2,660
• Airbnb Cap Rate: 1.95%
• Airbnb Cash on Cash Return: 1.95%
• Airbnb Occupancy Rate: 56.35%

Inman Park

• Median Property Price: $679,859
• Monthly Traditional Rental Income: $2,476
• Traditional Cap Rate: 1.78%
• Traditional Cash on Cash Return: 1.78%
• Monthly Airbnb Rental Income: $3,003
• Airbnb Cap Rate: 1.70%
• Airbnb Cash on Cash Return: 1.70%
• Airbnb Occupancy Rate: 56.17%

As you can clearly see, the numbers and stats differ from one neighborhood to the next in the same city. They even differ from one investment property to the next in the same neighborhood. That’s why it’s important to have reliable and accurate resources by your side. Use our investment property calculator, and our many other real estate investment tools, to analyze any rental property you’d like on the platform. To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here.

How about some numbers on actual Atlanta investment properties for sale? Mashvisor can show you that too.

Atlanta Investment Properties for Sale

With the click of a button, Mashvisor can show you all Atlanta investment properties for sale, along with all the relevant information. Here are a couple of properties from the mentioned neighborhoods we thought could be a good start:

Sweet Auburn

• Listed Property Price: $189,000
• 1,564 sq.ft
• 2 Beds and 2 Baths
• Traditional Cap Rate and CoC Return: 5.94%
• Airbnb Cap Rate and CoC Return: 6.55%
• Short description: Condo with a stunning view of the city and located near tons of restaurants and hotels. Requires renovation.

Georgia Tech

• Listed Property Price: $125,000
• 655 sq.ft
• 1 Bed and 1 Bath
• Traditional Cap Rate and Coc Return: 6.30%
• Airbnb Cap Rate and CoC Return: 5.23%
• Short description: Studio unit with a great open layout, a large balcony, and awesome amenities.

Interested in these properties? To see more details on them and other great Atlanta investment properties for sale, click here.

Final Words- Should You Buy Atlanta Investment Properties for Sale in 2018?

It’s a strong yes. The Atlanta real estate market is definitely worth the effort. Following the right rental strategy, and using the right resources, can take you a long way in your real estate investment career. If you stumble upon Atlanta investment properties for sale, definitely check them out.

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