5547 Mountain Springs CirStone MountainGA30088
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 5547 Mountain Springs Cir, Stone Mountain, GA, 30088 priced at $172,900 pairs $2,059/mo rent with $707/mo cash flow after a $846/mo payment. Total monthly income equals $2,059/mo, and annual cash flow comes to $8,484/yr on $57,316 invested. Return on cash invested is 34.71% in year one, and rental yield stands at 14.29% on a $172,900 basis. Equity gained on principal adds $1,116/yr, and 5% annual appreciation accumulates to $47,769 by year five. Five-year ROI measures 184.36% and total cumulative return in cash reaches $105,668. For financing, Ziffy Mortgage’s DSCR program evaluates $2,059/mo property income against a $846/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
0.46 Acres lot
$N/A/sqft
$3,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30088, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,517 (100%) |
| Owner Occupied HU | 5,988 (56.9%) |
| Renter Occupied HU | 3,958 (37.6%) |
| Vacant Housing Units | 571 ( 5.4%) |
| Median Home Value | $262,240 |
| Average Home Value | $303,802 |
Housing Distribution
Address Breakdown
Residential
10,416
Single Family
8,432
Multi-Family
1,984
Businesses
183
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Listed by: Karen Hall • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10393806
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.