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1389 Flat Rock Rd, Stockbridge, GA, 30281

3beds
2baths
--sqft
$269,000
--price/sqft
$1,969/moest. monthly cost
$78,760/yrincome needed

About This Home

NO SELLER FINANCING!!! Please explore and enjoy our 3D tour and detailed floor plan at the end of this remark. ***Exceptional Investment Opportunity - Monthly rent is at $1,780!!! Tenant has never late for the payment. The property offers an annual return of approximately 6.12%. One month Security Deposit paid by tenant.***- A charming 3-bedroom, 2-bathroom and 2,304 sq. ft. single-family that offers the perfect blend of comfort and convenience. This property is strategically located in a high-demand rental area with convenient access to South Atlanta and Hartsfield-Jackson Atlanta International Airport, making it highly attractive for commuters and long-term tenants. Situated near major roadways, the home offers easy connectivity while still maintaining a quiet residential setting. Proximity to retail centers, grocery stores, and a variety of dining options enhances everyday convenience and supports strong tenant retention. With solid rental demand, an attractive rent-to-price ratio, and long-term appreciation potential, this property presents a reliable, cash-flowing investment opportunity in a growing submarket. 3D Tour link: https://www.homes.com/property/1389-flat-rock-rd-stockbridge-ga/ybqhwfqh3wcqd/

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

3/10
4/10
2/10
Stockbridge High SchoolGrades 9-120.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1976

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Property

Details

  • Parcel number: 066B02101000

Features

  • Levels: Two
  • Stories: 2
  • Waterbody name: None

Lot

  • Lot size: 1,742 sqft

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Lightning
Tornado

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,360$16,320
Home Insurance *$191$2,292
Property Taxes $199$2,388
Electricity $219$2,637
Total$1,969$23,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,508/yr
40% on housing$59,070/yr
45% on housing$52,506/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 3.9%
3.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 30281$125
Henry County$141

vs Homes Sold Last Month

Median $/sqft

ZIP 30281$142
Henry County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-24Listed for sale$269,000
2021-06-30Sold$132,348
2019-07-13Listing removed$1,450
2019-06-24Listed for rent$1,450
2017-09-27Sold$99,900
2009-12-02Listing removed$150,900
2009-05-16Listed for sale$150,900
2008-11-22Listing removed$154,900
2008-05-19Listed for sale$154,900
1997-09-02Sold$105,500

For Sale by Agent

AgentYibei Xu
BrokerageWePartner Realty, LLC

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