1014 Rampart PlStone MountainGA30088
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Stone Mountain at 1014 Rampart Pl, Stone Mountain, GA, 30088 offers a 9.16% rental yield on a $160,000 purchase with $1,221/mo rent. Total monthly income registers $1,221/mo, and a $783/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,968/yr on $53,040 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 132.79% and total cumulative return in cash at $70,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,221/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30088, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,517 (100%) |
| Owner Occupied HU | 5,988 (56.9%) |
| Renter Occupied HU | 3,958 (37.6%) |
| Vacant Housing Units | 571 ( 5.4%) |
| Median Home Value | $262,240 |
| Average Home Value | $303,802 |
Housing Distribution
Address Breakdown
Residential
10,416
Single Family
8,432
Multi-Family
1,984
Businesses
183
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Listed by: Nita Terrell • Sanders RE, LLC
Mls Name: FMLS GA
Mls ID: #7703706