2150 Spencers WayStone MountainGA30087
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2150 Spencers Way, Stone Mountain, GA, 30087 generates $6,968/mo in rent and, after a $4,087/mo payment, leaves $1,707/mo in cash flow. Total monthly income is $6,968/mo, and annual cash flow is $20,479/yr on $274,715 invested. Return on cash invested sits at 27.51% in year one, and rental yield is 10.01% on a $835,000 entry. Equity gained on principal adds $5,388/yr, while 5% annual appreciation builds toward $230,695 over five years. Five-year ROI reaches 143.74% and total cumulative return in cash sums $394,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,968/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.70 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30087, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,499 (100%) |
| Owner Occupied HU | 11,239 (77.5%) |
| Renter Occupied HU | 2,608 (18.0%) |
| Vacant Housing Units | 652 ( 4.5%) |
| Median Home Value | $383,971 |
| Average Home Value | $420,818 |
Housing Distribution
Address Breakdown
Residential
13,968
Single Family
13,342
Multi-Family
626
Businesses
950
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Listed by: Barbara Y Tuggle • Real Estate Dimensions Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10586801
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.