690 Gateway 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 690 Gateway Ct, Stone Mountain, GA, 30087 uses $140,888 cash to close to unlock $1,278/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $2,693/mo, and a $2,080/mo payment keeps the spread at $107/mo. Purchase price stands at $425,000, and rental yield measures 7.6% with $2,693/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash records $151,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.41 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: Evanna Taylor • NextHome MatchMakers
Mls Name: GAMLS
Mls ID: #10612585