In July I closed a second new-construction townhome in Hollywood & Main II, Atlanta, for an investor client, at $495,000. I found the tenant as well, and the lease started the same month, so the home produced income from day one.
The first townhome in this community closed in January 2025 at $492,000 and was leased that March. Buying new construction for rental keeps early repair costs low, and placing the tenant quickly is what makes the numbers work.