Sold Price cut: $40,000 (3/9)
$260,000
4 beds · 3 baths
305 Melton Way, Covington, GA 30016
About this home
Check out this cozy 3 bedroom 3 bathroom home just 13 miles from downtown Covington and 11 miles from Conyers. This house sits on a corner lot with the view of tree lots across the road. When you enter from the front porch, you can go upstairs to the main part of the house or down stairs to a bedroom and garage. Starting upstairs you first enter into the dining room and living…
PoolBasementGarageNo HOA
Listing remarks courtesy of American Realty Professionals of Georgia, LLC. · Sold by Atrium Realty, LLC.
· FMLS #7481506$1,778/mo est.
with $26,000 down · $260,000 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
1993
Built
0.5 ac
Lot
2-car
Garage
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,100/morange $1,950 – $2,2509.7% gross yield
Based on 9 similar rentals within 5 mi (3 recently leased).
4 bd · 4 ba · 3,830 sqft · 1.7 mi away$2,500/mo3 bd · 1 ba · 1,072 sqft · 1.9 mi away$1,895/mo3 bd · 2 ba · 2.7 mi away · leased$1,850/mo4 bd · 2 ba · 3.2 mi away$2,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Payment calculator
$1,854/mo
Principal & interest$1,518
Property taxes$260
Home insurance$76
Down payment$26,000 (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 value
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Schools
Oak HillElementary
Veterans Memorial - NewtonMiddle
AlcovyHigh
Location
34 for sale 7 pending 12 sold
Listed by
American Realty Professionals of Georgia, LLC. · Sold by Atrium Realty, LLC
Source: FMLS · #7481506
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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.
