4640 Elm Ridge 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 4640 Elm Ridge Ct, Stone Mountain, GA, 30083 listed at $296,000 pairs $2,191/mo rent with a $1,449/mo payment to leave $389/mo cash flow. Total monthly income runs $2,191/mo, and annual cash flow reaches $4,671/yr on $98,124 cash to close. Return on cash invested measures 24.67% in year one, and rental yield registers 8.88% at a $296,000 basis. Equity gained on principal adds $1,910/yr, and annual property appreciation at 5% supports $81,779 by year five. Five-year ROI tracks 128.27% and total cumulative return in cash totals $125,860. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,191/mo property income relative to a $1,449/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.55 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: Tanya Pickens • Opendoor Brokerage
Mls Name: GAMLS
Mls ID: #10652089