305 Stonecliff CtStone MountainGA30083
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 305 Stonecliff Ct, Stone Mountain, GA, 30083 offers $1,445/mo rent that, after a $1,121/mo payment. Total monthly income is $1,445/mo. Return on cash invested measures 13.5% in year one, and rental yield stands at 7.57% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 70.98% and total cumulative return in cash reaches $53,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,445/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1971
653.40 sqft lot
$N/A/sqft
$385 monthly 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: Bonnie Brown • Harry Norman REALTORS
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7562656
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