See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1145 Spring Creek Cir, Griffin, GA, 30223

3beds
2baths
--sqft
$185,000
--price/sqft
$1,414/moest. monthly cost
$56,560/yrincome needed

About This Home

NO SELLER FINANCING!!! ***Exceptional Investment Opportunity - lease renewal on 02/01/26, Monthly rent is at $1,555!!! The property offers an annual return of approximately 8.57%!***- A charming 3-bedroom, 2-bathroom and 1,232 sq. ft. single-family that offers the perfect blend of comfort and convenience. Located in a quiet, well-established community, this property offers reliable rental potential supported by Griffin’s continued growth and affordability relative to the Atlanta metro area. With convenient access to major corridors leading to South Atlanta and Downtown Atlanta, the home appeals to a wide range of tenants seeking suburban comfort with commuter accessibility. It is also close to major retailers, grocery stores, and a variety of dining options, enhancing everyday convenience and long-term tenant retention. Offering an attractive rent-to-price ratio and solid appreciation potential, this is a turnkey investment opportunity for investors seeking consistent cash flow and long-term growth.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

4/10
3/10
Spalding High SchoolGrades 9-124.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1987

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Other,Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Window features: Wood Frames

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 251 01027

Features

  • Levels: One
  • Stories: 1
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Other
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Lot size: 0.41 Acres
  • Features: Other

Parking

  • Parking features: Carport
  • Carport: 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

  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Strong Wind
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 $935$11,220
Home Insurance *$123$1,476
Property Taxes $137$1,644
Electricity $219$2,637
Total$1,414$16,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,480/yr
40% on housing$42,420/yr
45% on housing$37,706/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: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 9.5%
9.5%
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 30223$127
Spalding County$129

vs Homes Sold Last Month

Median $/sqft

ZIP 30223$160
Spalding County$158

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$185,000
2019-06-23Listing removed$925
2019-06-12Listed for rent$925
2016-08-08Sold$42,593
2010-07-17Listing removed$24,500
2010-05-21Listed for sale$24,500
2010-03-29Sold$45,857

For Sale by Agent

AgentYibei Xu
BrokerageWepartner Realty, LLC.

Similar Homes