Sold
$130,000
3 beds · 1 baths · 1,254 sqft
204 E 16th Street, Rome, GA 30161
Great deal
Priced about $81,828 (39%) below comparable homes. Estimated market value $211,828, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Built in 1940 and sitting on a 0.18-acre lot in Rome, GA, this well-maintained 3-bedroom, 1-bath single-family residence delivers immediate rental income with a qualified tenant in place at $1,200/month. That's $14,400 in gross annual rent against the asking price - a gross rent multiplier of just 9.0x with a potential cap rate north of 8%. The current owner has maintained…
PoolBasementNo HOA
Listing remarks courtesy of Coldwell Banker Residential Real Estate, LLC · Sold by Peach Realty, Inc..
· FMLS #7751064770-429-0600
$889/mo est.
with $13,000 down · $130,000 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
3
Beds
1
Baths
1,254
Sqft
1940
Built
0.18 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,075/morange $1,925 – $2,22519.2% gross yield
Based on 4 similar rentals within 10 mi (2 recently leased).
3 bd · 2 ba · 1,320 sqft · 1.4 mi away · leased$1,595/mo2 bd · 1 ba · 600 sqft · 0.3 mi away$1,025/mo5 bd · 3 ba · 2,109 sqft · 3.1 mi away · leased$2,100/mo1 bd · 300 sqft · 9.4 mi away$700/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$927/mo
Principal & interest$759
Property taxes$130
Home insurance$38
Down payment$13,000 (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
Estimated valueListed for salePending
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No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
Anna K. DavieElementary
RomeMiddle
RomeHigh
Location
55 for sale 3 pending 12 sold
Listed by
Coldwell Banker Residential Real Estate, LLC · Sold by Peach Realty, Inc.
Source: FMLS · #7751064
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