Why We Love Atlanta
Here are a few reasons Why We ❤️ ATLANTA:
- Atlanta Metro is the 5th largest population in the U.S
- Atlanta's population growth rate is 2nd right after Los Angeles
- A great mix of renters & homeowners, meaning there's a great balance, and the market isn't oversaturated by rentals yet
- Avg rent is about $2,300 for a 3 bedroom
- Large corporates such as Coca-Cola, Delta, and AT&T have brought along tons of job growth
- New residents are between 26 - 36 years old
- Most of these newcomers in Atlanta are looking for flexibility and are not anticipating purchasing homes
- Atlanta is a large entertainment market. Movie and Music Video sets are constantly filmed here
Due to the reasons above, many love Atlanta for its' likelihood to grow in appreciation (home values increasing), strong neighborhood ratings, and consistent cash flow income. What are your thoughts about Atlanta? What else would you like for me to highlight? Make sure to reach out and let me know! Happy to share home profiles with you all as well.
At Doorvest, the Atlanta homes we acquire have a profile that looks like the below:
Average Price: $300,000
Average Cash Flow: $250 - $300 per month