1553 Spring Hollow WayStone 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 1553 Spring Hollow Way, Stone Mountain, GA, 30083 offers a 11.23% rental yield on a $398,500 purchase with $3,730/mo rent. Total monthly income registers $3,730/mo, and a $1,950/mo payment leaves $1,305/mo available for distribution. Annual cash flow reaches $15,661/yr on $132,103 to close, and return on cash invested stands at 31.76% in year one. Equity gained on principal adds $2,571/yr while 5% annual appreciation supports $110,098 over five years. Portfolio math shows five-year ROI at 166.32% and total cumulative return in cash at $219,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,730/mo property income against a $1,950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3,484 sqft 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: Moses Wilkins • HomeSmart
Mls Name: FMLS GA
Mls ID: #7702349