Active Under Contract$300,000
4 bd2 ba1,376 SFSingle-family home
1971 Pair Rd SW
Marietta, GA 30008 · Hollydale · 67 days listed
FMLS #7825567 · Listing Provided By Mark Spain Real Estate · 770-886-9000
Active5 days listed
531 Favorwood Drive SW, Marietta, GA 30060
- 3bd
- 2ba
- 1,245SF
- 0.22ac lot
FMLS #7858759 · Listing Provided By KOA Realty & Investments · 678-462-2600 · Listing agent Adeyemi Makanjuola
About this home
Welcome home to this inviting ranch-style residence in Marietta! Featuring a classic white brick exterior, a welcoming covered front porch, and an attached two-car garage, this home offers timeless curb appeal and comfortable single-level living. Step inside to discover a bright, refreshed interior with neutral walls, attractive plank-style flooring, and a modern ceiling fan. The versatile finishes create a clean, welcoming backdrop for your personal style and everyday living. Outside, enjoy a spacious front lawn framed by mature trees and greenery, a paved driveway, and a charming front porch perfect for enjoying a quiet morning or unwinding at the end of the day. Enjoy the Marietta lifestyle! Explore the shops, restaurants, seasonal events, and historic character of Marietta Square. Nearby recreational options include Laurel Park, with green space and tennis facilities, while local shopping centers provide convenient access to everyday essentials. Whether you're looking for a place to call home or an opportunity to make a property your own, 531 Favorwood Dr SW is worth a closer look. Make your move to Marietta! Schedule your private showing today.
How this list price compares in Marietta
- List price is 40% below the Marietta median list price of $499,000 (1,368 homes).
- Compared with 1,080 single-family homes in Marietta: 45% below the median of $549,900.
- List price per square foot is 16% above the Marietta median of $208/SF.
- All 1,368 homes for sale in Marietta, GA.
- 3,541 homes for sale in Cobb 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
- 2
- Living area
- 1,245 SF
- Lot size
- 0.22 acres
- Year built
- 1967
- Levels
- One
- Main-level bedrooms
- 3
- Garage spaces
- 2
- Parking
- Driveway, Garage, Garage Door Opener
- Style
- Ranch
- Construction
- Brick 4 Sides
- Roof
- Shingle
- Flooring
- Laminate
- Heating
- Central, Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Lot
- Back Yard, Front Yard, Landscaped, Level
- HOA
- No
- Annual tax
- $3,892 (2025)
- County
- Cobb
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $300,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$2,417/mo
- Principal and interest
- $1,855
- Property tax
- $324
- Home insurance
- $125
- Mortgage insurance
- $113
- HOA dues
- $0
- Loan amount
- $270,000
- Cash down
- $30,000
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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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
- apartment buildings for sale in GAApartment buildings and complexes for sale across Georgia.
- Georgia multifamily investment properties for saleDuplexes to large complexes, with screening cap rates on each building.
- church for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in MariettaApartment buildings for sale in Marietta, GA.
- commercial properties for sale in GeorgiaOffice, retail, industrial and other commercial buildings.
Investor research and tools
- apartment cap rates in GeorgiaMedian 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.
- debt service coverage ratio for apartmentsDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- gross rent multiplier explainedGross rent multiplier on apartment buildings: the formula, Georgia asking GRMs, and when GRM misleads.
- commercial cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- DSCR and cash-on-cash calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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