1239 Sharonton DrStone 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 1239 Sharonton Dr, Stone Mountain, GA, 30083 with 5% annual appreciation on a $215,000 basis while $1,541/mo rent supports operations. Total monthly income totals $1,541/mo and a $1,052/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,793/yr on $71,273 deployed, and return on cash invested reaches 23.83% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 8.6%. Five-year ROI measures 123.74% and total cumulative return in cash totals $88,189.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,541/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No 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: Shanta Buchanan • Atlanta Communities
Mls Name: GAMLS
Mls ID: #10511631