448 Prince Of WalesStone 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 448 Prince Of Wales, Stone Mountain, GA, 30083 priced at $189,000 pairs $1,801/mo rent with $651/mo cash flow after a $925/mo payment. Total monthly income equals $1,801/mo, and annual cash flow comes to $7,809/yr on $62,654 invested. Return on cash invested is 32.37% in year one, and rental yield stands at 11.43% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 169.56% and total cumulative return in cash reaches $106,234. For financing, Ziffy Mortgage’s DSCR program evaluates $1,801/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1982
3,049 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Forbes • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7480583
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)