Sold Price cut: $2,000 (12/5)
$173,000
3 beds · 2 baths · 1,456 sqft
5509 Covent Way, Lithonia, GA 30058
Great deal
Priced about $56,412 (25%) below comparable homes. Estimated market value $229,412, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome to this 3-bedroom, 2-bath ranch home tucked in the Kings Cross community of Lithonia. The home features a bright open-concept living and dining area with hardwood flooring and high ceilings, creating an airy and inviting space. The kitchen is outfitted with granite countertops, tile backsplash, and a view into the living area, offering both function and style.
Step…
PoolBasementNo HOA
Listing remarks courtesy of Mainstay Brokerage LLC · Sold by NorthGroup Real Estate.
· FMLS #7674688800-583-2914
$1,183/mo est.
with $17,300 down · $173,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
3
Beds
2
Baths
1,456
Sqft
1980
Built
0.38 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,000/morange $1,850 – $2,15013.9% gross yield
Based on 8 similar rentals within a mile (2 recently leased).
Home facts
Payment calculator
$1,233/mo
Principal & interest$1,010
Property taxes$173
Home insurance$50
Down payment$17,300 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePrice cut
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Schools
Panola WayElementary
RedanMiddle
RedanHigh
Location
63 for sale 17 pending 12 sold
Listed by
Mainstay Brokerage LLC · Sold by NorthGroup Real Estate
Source: FMLS · #7674688
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
