606 Mincey CtStone MountainGA30087
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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 606 Mincey Ct, Stone Mountain, GA, 30087 with 5% annual appreciation on a $252,000 basis while $1,772/mo rent supports operations. Total monthly income totals $1,772/mo and a $1,233/mo payment preserves $239/mo for cash returns. Annual cash flow comes to $2,864/yr on $83,538 deployed, and return on cash invested reaches 23.34% in year one. Equity gained on principal adds $1,626/yr, and five-year appreciation sums $69,623 alongside rental yield of 8.44%. Five-year ROI measures 121.1% and total cumulative return in cash totals $101,162.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,772/mo property income versus a $1,233/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
0.40 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
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Listed by: Robert E Salmons Jr. • Entera Realty
Mls Name: GAMLS
Mls ID: #10570144