Active1471 Centra Villa, Atlanta, GA 30311
MLS# 7815371 · Listing Courtesy Of: Indigo Road Realty Georgia
Listing Contact: 404-536-7765
Facts
True monthly cost (estimates)
The full picture of owning this home each month, using the defaults shown. Every figure marked (est.) is an estimate for planning — not a quote, loan offer, or pre-approval. In the main listing search you can edit the rate, down payment, insurance and utilities in the interactive version of this panel.
| Line | $/month |
|---|---|
| Principal & interest (20% down, 6.5%, 30 yr) | $1,466 |
| Property taxes (from listing data) | $265 |
| Property taxes with standard homestead (est. — saves about $55/yr) | $260 |
| Home insurance (est. 0.2% of price / yr) | $48 |
| Utilities (est.) | $382 |
| Estimated monthly total | $2,161 |
| Estimated monthly total with homestead (est.) | $2,157 |
About this home
A versatile value-add opportunity, 1471 Centra Villa Drive SW offers a flexible footprint ideal for buyers seeking a creative renovation project with long-term upside. The home includes an added second-floor level and a layout well suited for an FHA 203(k) renovation loan, allowing an owner-occupant to customize finishes while building equity. The configuration supports multigenerational living, with the potential for private suites, shared spaces, or extended family accommodations. The driveway allows for parking with convenient access to the basement entrance, enhancing functionality for separate living areas or guests. Investors will appreciate the multiple potential exit strategies, including buy-and-hold rental, short-term rental, PadSplit-style shared housing, or bed-and-breakfast use (subject to zoning and local regulations). Conveniently located near major roadways and key Atlanta destinations, this property presents a strong opportunity for both owner-occupants and investors seeking a value-add project. *** PLEASE NOTE THIS HOME HAS A FULL BASEMENT READY TO BE FINISHED***
Schools (from listing data)
School assignments as reported in the listing data — verify with the school district before making a decision.
Map
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Listing data last updated: Oct 30, 2026, 7:15 AM