Active$205,000
2 bd1 ba1,022 SFSingle-family home
559 Donahoo Road SE
Silver Creek, GA 30173 · 32 days listed
FMLS #7845088 · Listing Provided By Realty One Group Edge · 678-909-7709
Active61 days listed
169 Reeceburg Road, Silver Creek, GA 30173
- 1bd
- 1ba 0
- 0.62ac lot
FMLS #7830013 · Listing Provided By Integrity Realty Group · 770-684-7029 · Listing agent Derinda Stephens
About this home
A little cottage with a lot of heart!! Looking for a simpler way of living? This little cottage-like home may be just what you are looking for. The seller has put a LOT of hard work, love, and sweat into bringing this property back to life, and it is approximately 75% remodeled! Even better - the building materials are being left with the home. Mature landscaping & established flowers, 2 buildings, approximately 1/2 acre fenced for a horse, cow, goats or chickens, or other small farm animals. Much of the hard work has already been done. A place where you can slow down, enjoy the simple life.
How this list price compares in Silver Creek
- List price is 36% below the Silver Creek median list price of $259,500 (30 homes).
- Compared with 30 single-family homes in Silver Creek: 36% below the median of $259,500.
- All 30 homes for sale in Silver Creek, GA.
- 423 homes for sale in Floyd 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
- 1
- Full baths
- 1
- Lot size
- 0.62 acres
- Year built
- 1954
- Levels
- One
- Main-level bedrooms
- 1
- Parking
- Garage Faces Rear, Garage Faces Side, Kitchen Level
- Basement
- Crawl Space
- Style
- Mid-Century Modern, Modern, Other
- Construction
- Cement Siding, Concrete
- Roof
- Metal
- Flooring
- Laminate
- Heating
- Electric, Other
- Cooling
- Ceiling Fan(s), Other
- Appliances
- Electric Oven, Electric Range
- Lot
- Level, Pasture, Private
- HOA
- No
- Annual tax
- $900 (2024)
- County
- Floyd
Assigned schools
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $164,900 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$1,281/mo
- Principal and interest
- $1,019
- Property tax
- $75
- Home insurance
- $125
- Mortgage insurance
- $62
- HOA dues
- $0
- Loan amount
- $148,410
- Cash down
- $16,490
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 complexes for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment opportunities in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- Atlanta church buildings for saleChurch buildings for sale in Atlanta.
- warehouses for sale in GeorgiaWarehouse and distribution buildings for sale.
Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to finance an apartment buildingConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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