3191 Mineral Ridge LnStone MountainGA30087
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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 3191 Mineral Ridge Ln, Stone Mountain, GA, 30087 with 5% annual appreciation on a $385,000 basis while $2,620/mo rent supports operations. Total monthly income totals $2,620/mo and a $1,884/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,327/yr on $127,628 deployed, and return on cash invested reaches 22.52% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 8.17%. Five-year ROI measures 116.72% and total cumulative return in cash totals $148,966.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,620/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.37 Acres 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
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Listed by: Andy Rivero • Epique Realty
Mls Name: GAMLS
Mls ID: #10632304