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Active83 days listed

281 Chatham Road, Homer, GA 30547

  • 2bd
  • 1ba
  • 1,216SF
  • 3.53ac lot

Single-family home

List price

$275,000

$226/SF list

Ask about this home

FMLS IDXFMLS #7823766 · Listing Provided By Vylla Home · 844-848-9623 · Listing agent Raphael Merilien

Location

281 Chatham Road, Homer GA 30547

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About this home

Discover a unique income-producing opportunity at 281 Chatham Rd in Homer, GA! Situated on 3.53 acres, this property offers multiple existing income streams along with exciting potential for future growth. The property features a cell tower generating approximately $1,200 per month in income, plus a mobile home currently producing $1,000 per month in rental income, with potential rent estimated at approximately $1,300 per month. Together, the existing income sources provide an attractive opportunity for investors looking for immediate cash flow. A peaceful creek runs along the back of the property, adding natural character to the spacious setting. With 3.53 acres, there is also plenty of room to explore adding additional mobile homes or building another home on the property. Whether you're looking for an income-producing investment, additional development potential, or acreage with multiple possibilities, 281 Chatham Rd offers a rare combination of land, existing rental income, and cell tower revenue.

How this list price compares in Homer

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
Active
Bedrooms
2
Full baths
1
Living area
1,216 SF
Lot size
3.53 acres
Year built
1995
Levels
One
Main-level bedrooms
2
Style
Traditional
Construction
Vinyl Siding
Roof
Metal
Heating
Central
Cooling
Central Air
Appliances
Other
Lot
Level
HOA
No
Annual tax
$22,845 (2025)
County
Banks

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $275,000 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$3,832/mo

Principal and interest
$1,700
Property tax
$1,904
Home insurance
$125
Mortgage insurance
$103
Loan amount
$247,500
Cash down
$27,500

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 Vylla Home, so confirm them before making an offer.

Is this home still available?

This page shows the status reported in FMLS (Active) 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 Homer?

See the similar homes section on this page, or browse all homes for sale in Homer, 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

Investor research and tools

Thinking about a rental or a building instead? Send Jeff a message.

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