695 Windchase LnStone MountainGA30083
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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 695 Windchase Ln, Stone Mountain, GA, 30083 uses $39,449 cash to close to unlock $2,258/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $912/mo, and a $582/mo payment keeps the spread at $188/mo. Purchase price stands at $119,000, and rental yield measures 9.2% with $912/mo rent. Return on cash invested shows 25.63% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 133.52% and total cumulative return in cash records $52,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $912/mo property income covering a $582/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30083, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,171 (100%) |
| Owner Occupied HU | 10,576 (45.6%) |
| Renter Occupied HU | 10,684 (46.1%) |
| Vacant Housing Units | 1,911 ( 8.2%) |
| Median Home Value | $284,446 |
| Average Home Value | $323,754 |
Housing Distribution
Address Breakdown
Residential
22,501
Single Family
16,111
Multi-Family
6,390
Businesses
1,219
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Listed by: Meron Tiku • Chapman Hall Realtors Alpharetta
Mls Name: GAMLS
Mls ID: #10603871