2191 Rockbridge Rd APT 804Stone 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 2191 Rockbridge Rd APT 804, Stone Mountain, GA, 30087 generates $2,272/mo in rent and, after a $1,463/mo payment, leaves $453/mo in cash flow. Total monthly income is $2,272/mo, and annual cash flow is $5,432/yr on $99,119 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.12% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $130,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,272/mo property income rather than buyer’s personal income.
Condo
Built in 2000
435.60 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jahala Harbin • Level 1 Realty
Mls Name: GAMLS
Mls ID: #10568862