Active$79,000
2 bd1 ba800 SFSingle-family home
3103 Clark Street
Covington, GA 30014 · 48 days listed
FMLS #7834623 · Listing Provided By Surpass Realty · 404-734-6940
Pending51 days listed
81 Andrew Road, Covington, GA 30016
- 1bd
- 1ba
- 592SF
- 0.5ac lot
FMLS #7833726 · Listing Provided By Wynd Realty, LLC · 678-243-0872 · Listing agent Victoria Lantrip
About this home
Investors special! One bed one bath home on the property that is in need of extensive renovation/fixing up. The structure can also be demolished to bring your own dream home to the property. Property features city water and electricity is available. Sold as-is
How this list price compares in Covington
- List price is 94% below the Covington median list price of $330,000 (483 homes).
- Compared with 476 single-family homes in Covington: 94% below the median of $334,950.
- List price per square foot is 79% below the Covington median of $160/SF.
- All 483 homes for sale in Covington, GA.
- 531 homes for sale in Newton County.
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Pending
- Bedrooms
- 1
- Full baths
- 1
- Living area
- 592 SF
- Lot size
- 0.5 acres
- Year built
- 1952
- Levels
- One
- Main-level bedrooms
- 1
- Parking
- Driveway
- Style
- A-Frame
- Construction
- Wood Siding
- Roof
- Shingle
- Appliances
- Other
- Lot
- Back Yard, Cleared, Front Yard
- HOA
- No
- Annual tax
- $810 (2025)
- County
- Newton
Assigned schools
- HighAlcovy
- MiddleLiberty - Newton
- ElementaryHeard-Mixon
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $20,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$324/mo
- Principal and interest
- $124
- Property tax
- $68
- Home insurance
- $125
- Mortgage insurance
- $8
- HOA dues
- $0
- Loan amount
- $18,000
- Cash down
- $2,000
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
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Questions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Wynd Realty, LLC, so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Pending) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in Covington?
See the similar homes section on this page, or browse all homes for sale in Covington, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- Georgia apartment buildings for saleApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for saleChurch buildings and sanctuaries for sale statewide.
- commercial real estate for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
- Atlanta church buildings for saleChurch buildings for sale in Atlanta.
Investor research and tools
- Atlanta apartment cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- NOI for apartment buildingsHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- debt service coverage ratio explainedDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- commercial real estate financing guideConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- multifamily cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily investment calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
Thinking about a rental or a building instead? Send Jeff a message.
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