635 Watson BayStone 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 635 Watson Bay, Stone Mountain, GA, 30087 uses $92,820 cash to close to unlock $2,975/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $2,002/mo, and a $1,370/mo payment keeps the spread at $248/mo. Purchase price stands at $280,000, and rental yield measures 8.58% with $2,002/mo rent. Return on cash invested shows 23.11% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 120.13% and total cumulative return in cash records $111,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,002/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1988
8,712 sqft 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: Steven T Koleno • Beycome Brokerage Realty LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10438691
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 2025 GAMLS. All rights reserved.