Looking for a turnkey, high-yield investment? This 5-bedroom, 2-bathroom PadSplit in Toccoa is already generating over $28,000 per year in gross income—and it brought in over $3,400 just in March. There's room to grow, too: convert the living room into a 6th bedroom to boost revenue even further. Unlike traditional rentals, PadSplit offers steady, diversified income from multiple tenants, reducing vacancy risk. The seller is open to a subject-to sale—the remaining $71,000 mortgage at 4.25% can stay in place if the buyer makes up the difference at closing. Toccoa is a hidden gem with small-town charm, close to natural highlights like Toccoa Falls and Lake Hartwell, and a walkable downtown full of local shops, restaurants, and friendly community vibes.
Closed
$199,000
266 Old Oak Valley Rd, Toccoa, GA 30577
5beds
1,660sqft
Single Family Residence, Residential
Built in 2002
1.01 Acres Lot
$197,200 Zestimate®
$120/sqft
$1,883 Estimated rent
Home value
$197,200
Estimated sales range
Not available
$1,883/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 17, 2025 at 11:04pm
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560,
Brandon Beamer,
Keller Williams Realty Metro Atlanta
Bought with:
Pauline Bowman, 350440
EXP Realty, LLC.
Source: FMLS GA,MLS#: 7543062
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Primary bedroom
- Features: Master on Main
- Level: Master on Main
Bedroom
- Features: Master on Main
Primary bathroom
- Features: Double Vanity, Separate Tub/Shower
Dining room
- Features: None
Kitchen
- Features: Cabinets Stain, Eat-in Kitchen, Laminate Counters
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Common Area, Laundry Room, Main Level
Features
- Vaulted Ceiling(s)
- Flooring: Vinyl, Wood
- Windows: None
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
- Finished area above ground: 1,260
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Rain Gutters, No Dock
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 1.01 Acres
- Dimensions: 215x217x231x222
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Additional parcels included: 0
- Parcel number: 057 033
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: 110 Volts
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Toccoa
- Subdivision: Terry Standridge
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry
- Ownership: Fee Simple
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2025 | Sold | $199,000$120/sqft |
Source:  FMLS GA #7543062 | ||
| 5/1/2025 | Pending sale | $199,000$120/sqft |
Source:  GAMLS #10481012 | ||
| 4/17/2025 | Price change | $199,000-5.2%$120/sqft |
Source: FMLS GA #7543062 | ||
| 4/3/2025 | Price change | $210,000-4.5%$127/sqft |
Source: FMLS GA #7543062 | ||
| 3/18/2025 | Listed for sale | $220,000+1995.2%$133/sqft |
Source: FMLS GA #7543062 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,320 +7.2% | $45,358 +6.9% |
| 2023 | $1,231 +8.2% | $42,436 +5.4% |
| 2022 | $1,138 +2.5% | $40,243 +7.3% |
Find assessor info on the county website
Neighborhood: 30577
Nearby schools
GreatSchools rating
- NABig A Elementary SchoolGrades: PK-KDistance: 5.2 mi
- 4/10Stephens County Middle SchoolGrades: 6-8Distance: 5.6 mi
- 6/10Stephens County High SchoolGrades: 9-12Distance: 5.1 mi
Schools provided by the listing agent
- Elementary: Liberty - Stephens
- Middle: Stephens County
- High: Stephens County
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$197,200
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$201,144