Sold Price cut: $36,000 (12/12)
$199,000
8 beds · 2 baths · 1,551 sqft
2002 Marbut Forest Drive, Lithonia, GA 30058
Great deal
Priced about $118,637 (37%) below comparable homes. Estimated market value $317,637, based on 403 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This occupied furnished rental is ideal for the savvy investor. Strong rental income, it is currently grossing $2900 per month on average, with some months earning over $4000. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are…
PoolBasementNo HOA
Listing remarks courtesy of Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta.
· FMLS #7472600404-564-5560
$1,361/mo est.
with $19,900 down · $199,000 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
8
Beds
2
Baths
1,551
Sqft
1987
Built
0.2 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,125/morange $1,975 – $2,27512.8% gross yield
Based on 12 similar rentals within a mile (4 recently leased).
Home facts
Payment calculator
$1,419/mo
Principal & interest$1,162
Property taxes$199
Home insurance$58
Down payment$19,900 (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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Schools
Panola WayElementary
RedanMiddle
Miller GroveHigh
Location
63 for sale 17 pending 12 sold
Listed by
Keller Williams Realty Metro Atlanta · Sold by Keller Williams Realty Metro Atlanta
Source: FMLS · #7472600
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