Turnkey Furnished 6-Bedroom Rental
For Sale
$695,000
3904 Bakers Ferry Road SW, Atlanta, GA 30331
Residential Income, Atlanta, GA
Property Size2,464 SF
Lot Size0.36 Acres
Price / SF$282.06
Days on Market48
Property Features for 3904 Bakers Ferry Road SW
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
4
Window features
Double Pane Windows
Lot features
Irregular Lot
Elementary school
Miles
Middle school
Jean Childs Young
High school
Benjamin E. Mays
Directions
GPS
Standard status
Active
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2396
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central, Forced Air
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1962
Floors in Building
2
Number of units
1
Building materials
Brick 4 Sides
Roof type
Composition
Listing Agency:
Atlanta Communities
(770) 240-2001
Listed By:
Adriana Aguilar
(770) 509-0700
Added: Jul 22
Changed: Sep 2
Last Checked: Sep 7 at 12:06PM
MLS# 7807854
Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Completely rebuilt in 2025, this turnkey property is offered fully furnished and ready for immediate occupancy. The home features a 2,464 sq. ft. brick ranch design with 6 bedrooms and 4 full bathrooms, including two primary suites with en-suite baths. Inside, the open floor plan includes hardwood floors throughout, a welcoming foyer, a bright eat-in kitchen, a formal dining room, natural gas heating, and central air conditioning.
Set on a private, wooded corner lot, the residence includes a full-length covered back porch overlooking a fenced backyard. Parking is supported by an attached garage, an extended driveway, and ample off-street parking. The property is conveniently located just minutes from shopping, restaurants, parks, MARTA, major highways, and Hartsfield-Jackson Atlanta International Airport.
The seller states the property has the potential to generate up to $9,000 per month in short-term rental income; buyers should independently verify all income projections, zoning requirements, permit requirements, and local short-term rental regulations. Owner financing may be available for qualified buyers with 20% down.
Set on a private, wooded corner lot, the residence includes a full-length covered back porch overlooking a fenced backyard. Parking is supported by an attached garage, an extended driveway, and ample off-street parking. The property is conveniently located just minutes from shopping, restaurants, parks, MARTA, major highways, and Hartsfield-Jackson Atlanta International Airport.
The seller states the property has the potential to generate up to $9,000 per month in short-term rental income; buyers should independently verify all income projections, zoning requirements, permit requirements, and local short-term rental regulations. Owner financing may be available for qualified buyers with 20% down.
Key Highlights
- Completely rebuilt in 2025 6‑bedroom brick ranch with 2,464 sq. ft. of living space
- 4 full bathrooms, including two primary suites with en‑suite baths
- Fully furnished and move‑in ready
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,719
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$594,380
$594.4K
Cap Rate 7%
$424,557
$424.6K
Cap Rate 9%
$330,211
$330.2K
Market Conditions
NOI Build-Up for 2,464 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.4K $23.28/SF
− Vacancy
−$3.3K −$1.35/SF
EGI
$54.0K $21.93/SF
− OpEx
−$24.3K −$9.87/SF
NOI
$29.7K $12.06/SF
Area
ZIP 30331
Vacancy
5.80%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$594,380
Cap Rate 7%
$424,557
Cap Rate 9%
$330,211
Alternative Uses
Best Use
Apartment 5plus
$424.6K
$371.5K – $495.3K
NOI $29,719 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$688.8K
$602.7K – $803.6K
NOI $48,215 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Explore this area
Business Placement
Demographics for 30331, GA
60,770
Population
27,314
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
1,612
Density / Sq Mi
$61,548
Median Household Income
$41,047
Median Earnings
$1,264
Median Rent
$277,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Completely rebuilt 2025 and sold fully furnished, featuring 6 bedrooms, 4 full baths, and a covered back porch.
Where is this short term rental property located?
The property is located at 3904 Bakers Ferry Road SW Atlanta, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Completely rebuilt in 2025 6‑bedroom brick ranch with 2,464 sq. ft. of living space; 4 full bathrooms, including two primary suites with en‑suite baths; Fully furnished and move‑in ready
