1151 Rankin St #2CStone 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 1151 Rankin St #2C, Stone Mountain, GA, 30083 earns from $891/mo rent with a $563/mo payment. Total monthly income totals $891/mo. ROI tracks 13.01% on current figures, and rental yield reads 9.3% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 70.38% and total cumulative return in cash sums $26,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $891/mo property income instead of your personal income.
Townhouse
Built in 1971
871.20 sqft lot
$N/A/sqft
$180 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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Listed by: Angela Carpinella • Keller Williams Realty Peachtree Rd.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7566820
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