ready-to-open

208 Silver Springs Cir Sw, Atlanta GA,

Price
Listing Tags
Beds
5
Size
1820 sqft
Type
Single Family
208 Silver Springs Cir Sw, Atlanta GA,

Overview

Welcome to 208 Silver Springs Cir SW — a beautifully renovated 3-bedroom, 3-bathroom home in the heart of Atlanta's Westview/West End. With a brand-new kitchen, updated baths, a finished basement, and all-new major systems, this move-in-ready gem combines timeless charm with modern convenience just minutes from the BeltLine.

Lease and Income Structure

Tucked into Atlanta's sought-after Westview/West End neighborhood, this fully updated 3-bedroom, 3-bathroom home offers the perfect blend of classic character and modern comfort. Originally built in 1950 and sitting on a generous 0.32-acre lot, the residence has been thoughtfully renovated from top to bottom, including a new roof, HVAC, electrical, and plumbing systems for true move-in-ready peace of mind.

Inside, an open-concept floor plan flows into a stylish new kitchen finished with quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. All three bathrooms have been tastefully updated, and the finished basement adds valuable flexible space, ideal as a media room, home office, or guest suite. With no HOA and easy access to the Atlanta BeltLine, I-20, and I-285, this home is a smart choice for first-time buyers or investors looking for strong rental or short-term rental potential.

Property Financials
Bed Data
Private Beds 1
Shared Beds 4
Total Beds 5
Vacancy Rate (estimated) 20%
House Mentors 1.0
Revenue-Producing Beds 3.00
Weekly Rent $180.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $46,800.00
Less: Vacancy & Loss $9,360.00
Less: Mentor Rent Credit $9,360.00
Plus: Intake Fee Revenue $1,600.00
Plus: Laundry Service Revenue $1,040.00
Total Revenue $30,720.00
Expenses (Annual)
Operating Expenses $10,140.00
Property Insurance $2,600.00
Operator Compensation $24,000.00
Valuation
Capitalization Rate 8.50%