535 Carriage Walk LnStone MountainGA30087
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable and efficiently structured, 535 Carriage Walk Ln, Stone Mountain, GA, 30087 in Stone Mountain is a conservative rental investment at $274,560. Rental yield 8.27%. A 1.45 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $75,856; $2,302/yr in principal paydown supplements. Total projected return: $96,164.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $(61) | $2,096 |
City averages based on Stone Mountain market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,892 |
| Total Monthly Debt Service | $1,910 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2000
0.27 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blair Myers • BLAIR MYERS REAL ESTATE
Mls Name: CGMLS
Mls ID: #246538
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
