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Ryan Stanley
131 Waterford Way, Griffin, GA 30223
- $178,000
- Sold Price
- $178,000
- List Price
- $185,000
- Closing Date
- May 19, 2026
- MLS#
- 7732806
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.13
- Subdivision
- N/A
Property Description
NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 03/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 8.13%. One month Security Deposit paid by tenant.*** - Water heater replaced on 2023 and new roof - A charming 3-bedroom, 2-bathroom and 1,290 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property offers strong rental potential in a quiet, family-friendly community with growing demand from tenants seeking affordability outside of Atlanta. Conveniently located with access to major routes connecting to South Atlanta and McDonough, the home benefits from steady population growth in the Griffin area. Nearby shopping, schools, and daily amenities enhance tenant appeal and retention. With lower entry cost compared to metro Atlanta and solid rent-to-price ratios, this is an excellent opportunity for investors looking for stable cash flow and long-term appreciation in an expanding submarket.
Additional Information
- Stories
- One
- Construction
- Brick Front, Vinyl Siding
- Year Built
- 1993
- Neighborhood Amenities
- None
- Roof
- Composition
- Lot Dimensions
- 112 x 50
- Parking
- Garage
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Cowan Road
- Middle School
- Cowan Road
- High School
- Griffin
- Acres
- 0.13
- Annual Expenses
- 4164
- Levels
- One
- Gross Income
- 19200
- Net Operating Income
- $15,036
- Taxes
- $3,006
Listing courtesy of Wepartner Realty, LLC.. Selling Office: Keller Williams Southern Premier Realty.
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