I’ve owned my townhome in the Atlanta area for ~2 years. There’s a real possibility I may need to relocate for a job in the coming months, and I’m weighing whether it makes more sense to rent it out or sell when the time comes.

    Current Costs (all in: mortgage, taxes, insurance, HOA): $3,260 / month

    Estimated Rent (based on different tools):

    Redfin: $3,880

    Zillow: $3,663

    Rentometer: $3,800

    Rentcast: $3,300

    So realistically, I could probably get somewhere in the $3,600–$3,800 range. That leaves ~$340–$620/month over my current costs (before property management, vacancies, maintenance, and taxes).

    Ownership details:

    Current Value: ~$600K–$610K

    Loan Balance: ~$342K

    Equity: ~$258K–$268K

    Question:
    Given these numbers, does it make more sense to:

    1. Rent it out and hold for appreciation / possible return to Atlanta, or

    2. Sell now and lock in equity to avoid landlord headaches?

    Would appreciate any thoughts on how others would approach this decision.

    Rent vs Sell: Atlanta Townhome (Potential Relocation)
    byu/zzaig inrealestateinvesting



    Posted by zzaig

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