$430,000

1955 Lake Dr Marietta, GA 30066

$5,106
Closing credit¹
5 beds
3 full
2,500 sqft
0.6 acres
$172 / sqft
House

Property details

About 1955 Lake Dr

Fully Renovated Home with Exceptional Cash Flow Potential Step into a rare investment opportunity with this impeccably renovated home, designed to deliver both luxurious living and significant rental income. Nestled in a thriving neighborhood, this property offers dual living areas, making it the perfect choice for savvy investors or homeowners seeking additional cash flow. **Key Features and Investment Highlights:** - **Dual Living Spaces:** This home features separate entrances and two fully equipped kitchens, offering endless flexibility. Perfect for multi-generational living or maximizing rental income-live in one unit and rent out the other to offset mortgage costs. - **Outstanding Cash Flow Potential:** With its versatile layout, this property is primed for multiple income streams. Consider long-term rentals, or capitalize on its prime location with short-term rental options to boost your returns. - **Spacious Layout:** Boasting **five generously sized bedrooms** and **three modern bathrooms,** this home ensures tenant comfort and optimal occupancy, driving rental demand. - **Brand-New Kitchens & Upgraded HVAC:** Two beautifully designed kitchens with new appliances and an efficient HVAC system enhance the property's value and appeal, attracting quality tenants who appreciate contemporary amenities. - **Prime Location:** Situated in a desirable area with access to top-rated schools, scenic parks, and vibrant local amenities, this property is poised to attract a wide range of renters. Whether you're an investor seeking a high-performing asset or a homeowner aiming to blend living and income potential, this property offers unmatched versatility and value. Don't miss the chance to own this dual-purpose gem-schedule a showing today and unlock its full investment potential!

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,500 sqft
BasementYes
Lot size0.6 Acres
Year built1962
ParkingCarport
MLS #10434172

Virtual tour

Summary

  • MLS Number: 10434172
  • MLS Name: Georgia MLS 2
  • Office Name: Virtual Properties Realty.com
  • Listing Agent: Ginna De La Pena

IDX Based on information from the Georgia MLS © 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house featuring a carport

$430,000

1955 Lake Dr

$5,106

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Kincaid Elementary School

Public District KG-5

0.5 mi

1410 Kincaid Rd

5

Sawyer Road Elementary School

Public District KG-5

1.0 mi

840 Sawyer Rd

4

Lockheed Elementary School

Public District KG-5

1.8 mi

1205 Merritt Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,144. The most common annual income of people living in Marietta, GA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

20%
<35k
46%
35k-100k
24%
100k-200k
10%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

35%
Single, No Kids
9%
Single, with Kids
30%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Marietta, GA

About 1955 Lake Dr

This home is located at 1955 Lake Dr in Marietta, GA and zip code 30066. This 2,500 square foot home, which was built in 1962, sits on a 0.60 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 11, 2025 and is currently priced at $430,000.

Over 45 listings were sold over their listed price in February 2025 in Marietta, GA. In the same period over 128 listings were sold below the listed price and 59 listings were sold for the listed price. In February 2025 in Marietta, GA there were 13.9% more homes for sale than in January. While the average time on the market in February 2025 was 40 days, the median list price was $478,148.

From Rocket Homes Real Estate and based on county public records data.

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