Sold
$125,000
2 beds · 1 baths · 1,008 sqft
1802 Elaine Drive, Decatur, GA 30035
Great deal
Priced about $96,831 (44%) below comparable homes. Estimated market value $221,831, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
*PRICING REDUCED BY 10K* Investor Alert! Don’t miss this incredible renovated opportunity to own a cash-flowing 2-bedroom, 1-bathroom bungalow in the sought-after Burgess Hills community of Decatur. With a long-term tenant already in place, this property provides immediate income potential and hassle-free management. Featuring a spacious fenced-in backyard, this charming home…
PoolBasementNo HOARenovated
Listing remarks courtesy of HomeSmart · Sold by New Dawn Realty, LLC..
· FMLS #7620373404-840-3421
$855/mo est.
with $12,500 down · $125,000 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.
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Home details
2
Beds
1
Baths
1,008
Sqft
1953
Built
0.23 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,600/morange $1,500 – $1,70015.4% gross yield
Based on 12 similar rentals within 2 mi (3 recently leased).
2 bd · 3 ba · 1,252 sqft · 1 mi away$1,700/mo2 bd · 3 ba · 1,252 sqft · 1 mi away$1,695/mo3 bd · 2 ba · 1,073 sqft · 1.1 mi away · leased$1,645/mo3 bd · 2 ba · 1,408 sqft · 0.7 mi away$1,995/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$891/mo
Principal & interest$730
Property taxes$125
Home insurance$36
Down payment$12,500 (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 salePending
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Schools
Canby LaneElementary
Mary McLeod BethuneMiddle
TowersHigh
Location
67 for sale 13 pending 12 sold
Listed by
HomeSmart · Sold by New Dawn Realty, LLC.
Source: FMLS · #7620373
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