Sold
$30,000
2 beds · 1,096 sqft
2230 Penelope Street, Atlanta, GA 30314
Great deal
Priced about $265,333 (90%) below comparable homes. Estimated market value $295,333, based on 43 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This property is great for the first time or savvy investor. Only minor repairs are needed to get your cash flow rolling. The property features a large lot, hardwood floors, a huge bonus room, and spacious dining and living room. Conveniently located within 15 minutes from downtown Atlanta, and only minutes from both I20 and I285.
PoolBasementNo HOA
Listing remarks courtesy of Sovereign Realty and Management LLC · Sold by Sovereign Realty and Management LLC.
· FMLS #5777056$205/mo est.
with $3,000 down · $30,000 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
2
Beds
1,096
Sqft
1950
Built
0.21 ac
Lot
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,950/morange $1,825 – $2,07578.0% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
2 bd · 2 ba · 1,042 sqft · 0.4 mi away$1,850/mo3 bd · 2 ba · 1,092 sqft · 0.2 mi away$1,900/mo2 bd · 1 ba · 778 sqft · 0.2 mi away$1,650/mo3 bd · 2 ba · 1,218 sqft · 0.1 mi away$2,600/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$214/mo
Principal & interest$175
Property taxes$30
Home insurance$9
Down payment$3,000 (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
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Bazoline E. Usher/Collier HeightsElementary
John Lewis Invictus Academy/Harper-ArcherMiddle
Frederick DouglassHigh
Location
80 for sale 12 sold
Listed by
Sovereign Realty and Management LLC · Sold by Sovereign Realty and Management LLC
Source: FMLS · #5777056
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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.
