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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Stone Mountain at 234 Walter Way, Stone Mountain, GA, 30083 listed at $230,000 pairs $2,162/mo rent with a $1,126/mo payment to leave $613/mo cash flow. Total monthly income runs $2,162/mo, and annual cash flow reaches $7,361/yr on $76,245 cash to close. Return on cash invested measures 29.56% in year one, and rental yield registers 11.28% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 155.37% and total cumulative return in cash totals $118,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,162/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1985
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30083, Stone Mountain, GA area.
| 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 |
Residential
22,501
Single Family
16,111
Multi-Family
6,390
Businesses
1,219
Date | Event | Price |
|---|---|---|
| 2025-10-03 | Sold | $230,000 |
| 2025-09-23 | Pending sale | $239,900 |
| 2025-09-16 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3691.36 | 29.91% | $75,320 | 32.42% |
| 2022-10-17 | $2841.56 | 40.07% | $56,880 | 48.28% |
| 2021-10-17 | $2028.72 | 5.57% | $38,360 | 6.79% |
What's Special
Pull Down Stairs
Listed by: Stacey Mollison • Libra Realty Group
Mls Name: GAMLS
Mls Provider:
Mls ID: #10605867
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.
