The Swift
Single Family
5
3
2384
Sqft
2019
$346,000
Purchase Price
$2,295
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Swift?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Swift is located in sought after Falls at Mirror Lake subdivision. This home boasts five bedrooms that are all generous in size, three full bathrooms, a large, leveled and fenced backyard on a corner lot. The curb appeal that this home has, will make you look twice. The main floor of this lovely home consists of an open floor plan: large foyer leading to the two car garage, a bedroom with a walk-in closet and direct access to the main level full bathroom. The heart of the main level is the living room that sits wide open to the kitchen with a walk-in pantry, beautiful cabinetry, stainless steel appliances, granite countertops and breakfast bar. Between the kitchen and living room there is also access to the private backyard which has a large storage building. Upstairs, there are four additional bedrooms, two full bathrooms and the laundry room. The three secondary bedrooms are very generous in size and have walk-in closets. The owner’s suite is huge, there is enough room for a sitting area or in-suite office. Here, you'll also find his and hers separate walk-in closets as well as an oversized owner's bathroom with separate soaking tub and shower, separate vanities, and there's also a toilet room for the ultimate privacy experiences.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Atlanta, GA
Atlanta is the capital and the most populous city in the state of Georgia. The Atlanta-Sandy Springs-Roswell MSA has a population of over 6 million people, ranking 9th in the U.S. with Atlanta as the cultural and economic center. Atlanta has a diverse economy with a dominance in the aerospace, transportation, film, media, medical services, business services and information technology industries. Atlanta is considered a hub for air transportation with the Hartsfield-Jackson Atlanta International Airport, which is considered to have the world’s busiest passenger airport traffic and has achieved international prominence. The area has unique geography as it is located among the foothills of the Appalachian Mountains, creating rolling hills and the most dense urban tree coverage in the U.S.
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100%
Funded
341
Investors
$395,630
Invested