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$250,000

Listing Price

2beds

1baths

1,450sqft

12,261sqft lot

5066 Phillips Dr, Forest Park, GA 30297

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

172.41

Price / sqft

1940

Year built

Home Details

Discover a rare opportunity to acquire a fully stabilized 10-property single-family rental portfolio strategically located throughout South Atlanta and North Clayton County. This professionally managed portfolio offers immediate cash flow with an in-place 6.92% cap rate and approximately $202,000 in annual NOI. Each property has undergone extensive renovations, including roofs, HVAC systems, electrical, plumbing, kitchens, bathrooms, flooring, and other major capital improvements, significantly reducing near-term maintenance exposure. Assets are geographically concentrated within two efficient operational clusters, creating economies of scale and streamlined management. Ideal for institutional buyers, family offices, 1031 exchange investors, and portfolio operators seeking stabilized income-producing assets in high-demand rental submarkets. Complete offering memorandum, financials, and data room available upon request. Portfolio Sale Only. This property is one of ten income-producing rental assets offered as part of a bulk portfolio acquisition. Individual sales are not available.

Interior Details

Square Feet
  • 1450

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    No

  • Heating Type:

    None

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 12261

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$877

$6,400

$20,958

--%

$27,358

2019

$877

$5,600

$19,059

--%

$24,659

2018

$886

$5,600

$19,316

--%

$24,916

2017

$642

$5,600

$12,388

--%

$17,988

2016

$345

$5,600

$14,087

--%

$19,687

2014

$313

$5,600

$13,383

--%

$18,983

2013

$313

$0

$0

--%

$18,983

2012

$317

$0

$0

--%

$18,983

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Average Home Price in 30297

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$150,822

4 Beds

2 Baths

1,591 Sqft

10,350 Lot (sqft)

Sold 10/27/2026

$117,529

2 Beds

1 Baths

1,454 Sqft

19,095 Lot (sqft)

Sold 08/25/2026

$159,318

3 Beds

1.5 Baths

1,256 Sqft

25,700 Lot (sqft)

Sold 08/11/2026

$262,773

2 Beds

1 Baths

1,608 Sqft

40,075 Lot (sqft)

Sold 10/26/2026

$240,000

3 Beds

2 Baths

1,300 Sqft

13,186 Lot (sqft)

Sold 10/27/2026

$349,500

2 Beds

3 Baths

1,234 Sqft

15,050 Lot (sqft)

Sold 10/13/2026

$89,661

3 Beds

1 Baths

1,504 Sqft

20,000 Lot (sqft)

Sold 10/26/2026

$161,908

5 Beds

3 Baths

1,316 Sqft

10,000 Lot (sqft)

Sold 10/27/2026

$218,899

2 Beds

1 Baths

1,331 Sqft

10,220 Lot (sqft)

Sold 10/26/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
250,000
$
Down payment
50,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,500
$
HOA (Monthly)
0
$
PMI
0
$
$1,618
Your Payment
Total Monthly Payment:$1,618
Percent of Income:28%
Affordable:Yes

Details for 5066 PHILLIPS DR

Property Debt

Foreclosure Contact Details