Active$160,000
4 bd1 ba1,326 SFSingle-family home
301 Essex Drive
Jonesboro, GA 30238 · Malborough · 67 days listed
FMLS #7825669 · Listing Provided By Chapman Group Realty, Inc. · 678-878-0215
Active6 days listed
79 Libby Lane, Jonesboro, GA 30238
- 3bd
- 1ba
- 1,014SF
- 0.27ac lot
FMLS #7857166 · Listing Provided By Maximum One Realty Partners · 770-957-9323 · Listing agent Cheryl Delain
Photos not provided by the listing brokerage.
About this home
Charming 3-bedroom, 1-bath brick ranch nestled in a well-established neighborhood. Conveniently located near shopping, dining, schools, and recreational facilities. The home features a like-new hot water heater and offers a great opportunity for homeowners and investors alike. Property is being sold as-is. Investors welcome!
How this list price compares in Jonesboro
- List price is 38% below the Jonesboro median list price of $260,000 (295 homes).
- Compared with 253 single-family homes in Jonesboro: 39% below the median of $265,000.
- List price per square foot is 5% above the Jonesboro median of $152/SF.
- 8 homes for sale in Marlborough.
- All 295 homes for sale in Jonesboro, GA.
- 837 homes for sale in Clayton 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
- Active
- Bedrooms
- 3
- Full baths
- 1
- Living area
- 1,014 SF
- Lot size
- 0.27 acres
- Year built
- 1970
- Levels
- One
- Main-level bedrooms
- 3
- Basement
- Crawl Space
- Style
- Ranch
- Construction
- Other
- Roof
- Composition
- Flooring
- Other
- Heating
- Central
- Cooling
- Other
- Appliances
- Other
- Lot
- Back Yard
- HOA
- No
- Annual tax
- $1,984 (2025)
- County
- Clayton
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $162,020 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,353/mo
- Principal and interest
- $1,002
- Property tax
- $165
- Home insurance
- $125
- Mortgage insurance
- $61
- HOA dues
- $0
- Loan amount
- $145,818
- Cash down
- $16,202
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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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 properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch 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.
- how to calculate NOI on an apartment buildingHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR explained for multifamilyDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return explainedCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- capitalization rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- cash-on-cash return 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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