$185,000

131 Waterford Way, Griffin, GA 30223

  • Property Icon other
  • Property Year Built Icon Built in 1993
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

***Exceptional Investment Opportunity - lease renewal on 03/01/2026, Monthly rent is at $1,600!!! Tenant has never late for the payment. The property offers an annual return of approximately 8.13%. One month Security Deposit paid by tenant.*** - Water heater replaced on 2023 and new roof - A charming 3-bedroom, 2-bathroom and 1,290 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property offers strong rental potential in a quiet, family-friendly community with growing demand from tenants seeking affordability outside of Atlanta. Conveniently located with access to major routes connecting to South Atlanta and McDonough, the home benefits from steady population growth in the Griffin area. Nearby shopping, schools, and daily amenities enhance tenant appeal and retention. With lower entry cost compared to metro Atlanta and solid rent-to-price ratios, this is an excellent opportunity for investors looking for stable cash flow and long-term appreciation in an expanding submarket.

Listing Status:
Active
Date Added:
March 24, 2026
Data Last Updated:
March 26, 2026 at 8:07PM
Listing Office:
Wepartner Realty, LLC. : 678-878-3885
Listing Agent:
Yibei Xu : 404-916-6518
MLS ID:
7732806
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • Parking: Garage
  • Roofing: Composition
  • Windows: Wood Frames
  • General: Brick FrontVinyl SidingOne
  • Originating MLS: First Multiple Listing Service
  • County: Spalding - GA
  • Zoning: 0.13AC WATERFORD WAY PB 19/515066 02015
  • View: Other
  • Fencing: None
  • Utilities: Electricity AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of Yibei Xu , Wepartner Realty, LLC.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cowan Road Elementary School

1233 Cowan Rd, Griffin, GA, 30223

Grades PK-5

1.14 miles away

C

Cowan Road Middle School

1185 Cowan Rd, Griffin, GA, 30223

Grades 6-8

1.01 miles away

G

Griffin High School

1617 W Poplar St, Griffin, GA, 30224

Grades 9-12

1.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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