Pending
$220,000
4 beds · 3 baths · 1,372 sqft
518 Shady Lane, Forest Park, GA 30297
Above market
Priced about $13,000 (6%) above comparable homes. Estimated market value $207,000, based on 6 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Fantastic opportunity in Forest Park! This 4-bed, 2.5-bath ranch home sits on a prime corner lot and offers a spacious layout with strong rental potential. Features include a large living room, flexible bedroom setup, and a private primary suite. The oversized lot provides plenty of outdoor space and off-street parking. Perfect for buy-and-hold investors or anyone looking to add value in a high-demand area.
PoolBasementNo HOA
Listing remarks courtesy of Wrights Realty Group of Georgia.
· FMLS #7683070678-775-8746
$1,504/mo est.
with $22,000 down · $220,000 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
4
Beds
3
Baths
1,372
Sqft
1960
Built
0.26 ac
Lot
Veribas Valuation
Veribas Verified · from nearby MLS sales
$207,000range $195,000 – $219,000
Based on 6 sold homes within a mile (6 in the last 12 months), checked against 8 active/pending listings · asking 6% above this value
Automated estimate from nearby MLS sales — not an appraisal.
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,525/morange $1,425 – $1,6258.3% gross yield
Based on 8 similar rentals within 2 mi (3 recently leased).
Home facts
Payment calculator
$1,568/mo
Principal & interest$1,284
Property taxes$220
Home insurance$64
Down payment$22,000 (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.
Down payment assistance
Low-income census tract 13063040306 · Clayton County · FFIEC 2026
Georgia Dream down payment assistance
Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)
For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.
The State of Georgia's program (Georgia DCA), offered through Southeast Mortgage. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov and southeastmortgage.com/uga (checked 2026-09-24).
Chenoa Fund down payment assistance
5% of the price · Forgivable loan (forgiven after a set time in the home)
For down payment. 600+ credit score. Ends Dec 31, 2026.
Value & price history
Estimated valueListed for sale
Listed for sale
Nov 4, 2025
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Schools
HaynieElementary
BabbMiddle
Forest ParkHigh
Location
26 for sale 9 pending 12 sold
Listed by
Wrights Realty Group of Georgia
Source: FMLS · #7683070
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