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$424,900

For Sale - Active
4661 Fowler St, Acworth, GA 30101
2 Beds
1 Bath
1,440 Square Feet
0.00 Acres Lot
Built in 1935
For Sale - Active
Units n/a
Checked: 15 hours ago
Updated: Sep 02, 2025 at 06:30PM

Investment Summary


Monthly Cash Flow
-$978
Cap Rate
3.4%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-7.6%

Property Description


0.00 Acres Lot
Built in 1935
For Sale - Active
Units n/a

Rare Cobb county acreage with huge potential! Built in 1935, this home rests on 3 wooded acres in the heart of Acworth--an exceptional opportunity for redevelopment or investment. Large, private tracts like this are nearly impossible to find in this area, especially with access to both Fowler St. and an additional access point from Willow St. as well, offering endless possibilities for custom homes, multi-residential projects, or your next signature development. Don't miss this chance to secure a one-of-a-kind property with both location and land value on it's side. The home is currently occupied and has been owned by the same family for many years. Come relax under the canopy of huge oak trees that have been around since before any of us. Absolutely beautiful piece of property with endless potential. Ask how you can receive up to $1500 credit by using one of our preferred lenders. Exclusions may apply.

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Location


Property Details


Parking

  • Description: None
  • Details: None
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Wood
  • Foundation: Block, Pillar/Post/Pier, Slab
  • Roof Material: Composition, Other

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 20000600270
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1935

Tax Information

  • Annual Tax: $1,348

Utilities

  • Water & Sewer: Public
  • Heating: Other, Wood
  • Cooling: Ceiling Fan(s), Other, Window Unit(s)

Location

  • County: Cobb

Listing Details


Listed by:
Anthony Yancey
Watkins Real Estate Associates
(678) 272-2576

Source:
Georgia MLS
MLS#: 10583381
Georgia MLS

Investment Summary


Monthly Cash Flow
-$978
Cap Rate
3.4%
Cash-on-Cash Return
-12.0%
Debt Coverage Ratio
0.55
Internal Rate of Return (5 years)
-7.6%

Purchase Details

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Purchase price:
$424,900
Amount financed:
-$339,920
Down payment:
$84,980
Closing costs:
$12,747
Rehab costs:
$0
Initial cash invested:
$97,727
Square feet:
1,440
Cost per square foot:
$295
Monthly rent per square foot:
$1.32

Financing Details

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Loan amount:
$339,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,177
Property tax:
$112
Insurance:
$133
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,422

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,900 $22,800
Vacancy loss: (6%)
6% -$114 -$1,368
Operating income:
$1,786 $21,432

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$112-$1,348
Insurance: (7%)
7%-$133-$1,596
Property management: (8%)
8%-$152-$1,824
Repairs & maintenance: (5%)
5%-$95-$1,140
Capital expenditures: (5%)
5%-$95-$1,140
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (31%)
31%-$587-$7,048

Cash Flow


Monthly Yearly
Net operating income:
$1,199 $14,388
Mortgage payments:
-$2,177 -$26,124
Cash flow:
$978 $11,736