Active$220,000
2 bd1 ba1,126 SFCondo
516 Wynnes Ridge Circle SE Unit 516
Marietta, GA 30067 · Wynnes Ridge · 274 days listed
FMLS #7709894 · Listing Provided By OneDoor Inc. · 404-220-7797
Active95 days listed
702 Augusta Drive SE, Marietta, GA 30067
- 2bd
- 2ba
- 1,244SF
- 0.16ac lot
FMLS #7810005 · Listing Provided By Real Broker, LLC. · 678-508-2371 · Listing agent Erin Reece
About this home
Investor-Friendly 2BR/2BA *Updated* Condo- No Rent Restrictions in an Unbeatable Location! Low-maintenance, first-floor walk-in condo with a smart, roommate floorplan and a suite-style master. It has two spacious bedrooms, each with its own private bath. Updated kitchen and bathrooms, fresh paint, and new flooring throughout make this one truly turnkey. Less than 10 minutes to The Battery Atlanta and Marietta Square, with quick access to shopping and major highways. Perfect for owner-occupants, roommates, or investors & no rent restrictions mean strong flexibility for rental income. Lock-and-leave living in one of Cobb County's most convenient locations!
How this list price compares in Marietta
- List price is 56% below the Marietta median list price of $499,000 (1,368 homes).
- Compared with 126 condos in Marietta: 1% below the median of $222,500.
- List price per square foot is 15% below the Marietta median of $208/SF.
- 6 homes for sale in St Augustine Place.
- 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
- Condo
- Status
- Active
- Bedrooms
- 2
- Full baths
- 2
- Living area
- 1,244 SF
- Lot size
- 0.16 acres
- Year built
- 1982
- Levels
- One
- Main-level bedrooms
- 2
- Parking
- Parking Lot, Unassigned
- Style
- Garden (1 Level)
- Construction
- Vinyl Siding
- Roof
- Composition
- Flooring
- Hardwood, Other
- Heating
- Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Fireplaces
- 1
- Appliances
- Electric Oven, Electric Range
- Lot
- Level
- Community
- Homeowners Assoc, Near Schools, Near Shopping, Pool
- HOA
- $284 monthly
- Annual tax
- $751 (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 $220,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,914/mo
- Principal and interest
- $1,360
- Property tax
- $63
- Home insurance
- $125
- Mortgage insurance
- $83
- HOA dues
- $284
- Loan amount
- $198,000
- Cash down
- $22,000
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.
Similar homes for sale in Marietta
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FMLS #7840518 · Listing Provided By Maximum One Greater Atlanta Realtors · 770-919-8825
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FMLS #7839714 · Listing Provided By Harry Norman Realtors · 404-233-4142
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 Real Broker, LLC., 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 Marietta?
See the similar homes section on this page, or browse all homes for sale in Marietta, 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
- apartment complex for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- churches for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- apartment buildings for sale in MariettaApartment buildings for sale in Marietta, GA.
- land for sale in GeorgiaAcreage, lots and development land.
Investor research and tools
- what cap rate Atlanta apartments list atMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return guideCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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