1018 Mariners CtStone MountainGA30083
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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 1018 Mariners Ct, Stone Mountain, GA, 30083 with 5% annual appreciation on a $163,600 basis while $2,172/mo rent supports operations. Total monthly income totals $2,172/mo and a $801/mo payment preserves $732/mo for cash returns. Annual cash flow comes to $8,781/yr on $54,233 deployed, and return on cash invested reaches 36.1% in year one. Equity gained on principal adds $1,056/yr, and five-year appreciation sums $45,200 alongside rental yield of 15.93%. Five-year ROI measures 193.11% and total cumulative return in cash totals $104,728.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,172/mo property income versus a $801/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
1,306 sqft lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30083, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,171 (100%) |
| Owner Occupied HU | 10,576 (45.6%) |
| Renter Occupied HU | 10,684 (46.1%) |
| Vacant Housing Units | 1,911 ( 8.2%) |
| Median Home Value | $284,446 |
| Average Home Value | $323,754 |
Housing Distribution
Address Breakdown
Residential
22,501
Single Family
16,111
Multi-Family
6,390
Businesses
1,219
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