Sold Price cut: $1,999 (4/11)
$198,000
4 beds · 1 baths
1085 Mainstreet Valley Drive, Stone Mountain, GA 30088
About this home
Calling all INVESTORS! Tenant occupied sec8 lease ending(could extend if you want. Make an offer on this awesome home! It has a newer roof, HVAC, electrical, and cabinets. Finish this basement and expand and replace the siding to refresh and have a great rental or resale. cash, conventional, rehab loans only. Sold as is.
PoolBasementNo HOA
Listing remarks courtesy of Chapman Hall Realtors · Sold by EXP Realty, LLC..
· FMLS #7539530$1,354/mo est.
with $19,800 down · $198,000 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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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
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Home details
4
Beds
1
Baths
1983
Built
0.2 ac
Lot
1
Fireplaces
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,825/morange $1,700 – $1,95011.1% gross yield
Based on 12 similar rentals within 2 mi (3 recently leased).
5 bd · 2 ba · 1,932 sqft · 0.4 mi away$2,450/mo3 bd · 3 ba · 1,618 sqft · 0.3 mi away$2,050/mo4 bd · 3 ba · 1,655 sqft · 1.1 mi away$2,000/mo3 bd · 3 ba · 0.7 mi away$2,299/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$1,412/mo
Principal & interest$1,156
Property taxes$198
Home insurance$58
Down payment$19,800 (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 sale
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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
Eldridge L. MillerElementary
RedanMiddle
RedanHigh
Location
57 for sale 23 pending 12 sold
Listed by
Chapman Hall Realtors · Sold by EXP Realty, LLC.
Source: FMLS · #7539530
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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.
