615 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 615 Mincey Ct, Stone Mountain, GA, 30087 earns $550/mo cash flow from $1,980/mo rent with a $1,150/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $6,600/yr on $77,903 capital. ROI tracks 28.38% on current figures, and rental yield reads 10.11% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 148.11% and total cumulative return in cash sums $115,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1969
0.39 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: Victoria Jones • Zach Taylor Real Estate
Mls Name: GAMLS
Mls ID: #10677474