4247 Bingham CtStone MountainGA30083
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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 4247 Bingham Ct, Stone Mountain, GA, 30083 offers a 8.35% rental yield on a $259,000 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $1,268/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,704/yr on $85,859 to close, and return on cash invested stands at 23.06% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 119.63% and total cumulative return in cash at $102,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.40 Acres lot
$N/A/sqft
No 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: Mayra Senquiz • Your Home Sold Guaranteed Realty Crown Group
Mls Name: My State MLS
Mls ID: #11558201