1050 Redan TrceStone 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
Rental property for sale in Stone Mountain at 1050 Redan Trce, Stone Mountain, GA, 30088 generates $2,321/mo in rent and, after a $994/mo payment, leaves $866/mo in cash flow. Total monthly income is $2,321/mo, and annual cash flow is $10,394/yr on $67,295 invested. Return on cash invested sits at 35.35% in year one, and rental yield is 13.72% on a $203,000 entry. Equity gained on principal adds $1,310/yr, while 5% annual appreciation builds toward $56,085 over five years. Five-year ROI reaches 186.99% and total cumulative return in cash sums $125,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,321/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
7,405 sqft 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: COURTNEY NEWTON • Keller Williams Realty West Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7583479
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