5551 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
Investment property for sale in Stone Mountain at 5551 Mountain Springs Cir, Stone Mountain, GA, 30088 at $120,000 posts ROI 40.85% with $694/mo cash flow from $1,840/mo rent. Total monthly income equals $1,840/mo, and annual cash flow records $8,332/yr on $39,780 to close. Return on cash invested measures 40.85% and rental yield reads 18.4% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 219.63% and total cumulative return in cash totals $87,367.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1985
1,566 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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Nearby investment properties with comparable prices
Listed by: Erika Suarez Romero • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10388592
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.