226 Howell Dr SW, Atlanta, GA 30331

Welcome to your next investment opportunity or future dream home! Nestled in the vibrant community of Atlanta, 226 Howell Drive is a charming property that combines potential with prime location, making it an absolute gem for first-time homebuyers and savvy investors alike. Whether you're looking to put down roots or expand your real estate portfolio, this home offers endless possibilities. Key Features: 3 Bedrooms, 2 Bathrooms: A spacious layout perfect for comfortable living or creating a lucrative rental property. 1,350 Sq. Ft. of Living Space: Generously sized rooms with great bones, ready for your personal touch. Cosmetic Work Needed: A little TLC will go a long way-imagine transforming this home into a stylish haven or a cash-flowing rental property. Prime Location: Situated in a sought-after Atlanta neighborhood, close to local parks, schools, dining, and shopping. Why 226 Howell Drive? New, Affordable Price Point: Priced to sell, this property offers an incredible opportunity to own a home in Atlanta without breaking the bank. With a little investment in cosmetic updates, you can build equity quickly or set yourself up for strong rental income. Endless Potential: Whether you're a DIY enthusiast or an investor with a vision, this home is a blank canvas awaiting your creativity. Update the kitchen and bathrooms to modern standards, refinish the hardwood floors, and add a fresh coat of paint to make this house shine. The possibilities are endless, and the rewards are yours to reap. Investor's Dream: Looking to generate passive income? This property is ideal for a rental-it's located in a high-demand area where tenants are always looking for well-maintained homes. With minimal upgrades, you can have this property market-ready and generating income in no time. Prime Location: Location is everything in real estate, and 226 Howell Drive has it all. Enjoy the convenience of being just minutes away from Atlanta's bustling city center, while still tucked away in a peaceful neighborhood. You'll have quick access to major highways, making commutes a breeze. Plus, you're near parks, schools, and a variety of shopping and dining options. More Than Just a House This isn't just a house; it's an opportunity to craft the lifestyle you want or create a steady stream of income. Picture yourself enjoying morning coffee on the porch, entertaining friends and family in a cozy living space, or handing over keys to your new tenants who will love the home as much as you do. Book Your Showing Today! Homes with this much potential at such an attractive price point don't last long on the market. Don't miss your chance to see 226 Howell Drive in person. Whether you're a first-time homebuyer ready to create your dream home, or an investor seeking a property with high ROI potential, this is the one you've been waiting for. Call today to schedule a private tour and see for yourself why 226 Howell Drive is the perfect place to invest in your future.

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

What is Roam?

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Last updated: Nov 24, 2024 12:13 pm

Listing agent: Allen F Breland (470) 819-1053

Listing provided courtesy of:

Details provided by GAMLS and may not match the public record.
MLS ID: #10370829

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2024 GAMLS. All rights reserved.

Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.