Sold Price cut: $30,000 (2/15)
$394,900
4 beds · 3 baths
20 Otelia Lane, Covington, GA 30014
About this home
NEW HOME! LIMITED-TIME BUYER INCENTIVE OF $7,000 TOWARD CLOSING COSTS OR RATE BUY-DOWN WITH AN APPROVED LENDER.
Discover this stunning new construction, a ranch-style home that blends modern aesthetics with functional design. Located just minutes from historic downtown Covington, you'll enjoy quick access to I-20, retail shops, restaurants, hospitals, parks, schools, and…
PoolBasementGarageCul-de-sacNo HOA
Listing remarks courtesy of EXP Realty, LLC. · Sold by Dwayne Walker Realty.
· FMLS #7456634$2,700/mo est.
with $39,490 down · $394,900 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
4
Beds
3
Baths
2024
Built
0.45 ac
Lot
2-car
Garage
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,425/morange $2,250 – $2,6007.4% gross yield
Based on 12 similar rentals within 10 mi (4 recently leased).
4 bd · 3 ba · 2,304 sqft · 0.5 mi away · leased$2,200/mo5 bd · 4 ba · 2,575 sqft · 2.5 mi away$2,900/mo5 bd · 3 ba · 2,551 sqft · 3.8 mi away$2,750/mo4 bd · 3 ba · 4.6 mi away · leased$2,250/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$2,815/mo
Principal & interest$2,305
Property taxes$395
Home insurance$115
Down payment$39,490 (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 value
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No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Flint HillElementary
CousinsMiddle
EastsideHigh
Location
5 for sale 12 sold
Listed by
EXP Realty, LLC. · Sold by Dwayne Walker Realty
Source: FMLS · #7456634
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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.
