7133 Glen Cove LnStone 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
Rental property for sale in Stone Mountain at 7133 Glen Cove Ln, Stone Mountain, GA, 30087 offers $4,723/mo rent that, after a $2,251/mo payment, leaves $1,764/mo cash flow. Total monthly income is $4,723/mo, and annual cash flow is $21,163/yr on $152,457 cash. Return on cash invested measures 33.79% in year one, and rental yield stands at 12.32% at a $459,900 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,062 by year five. Five-year ROI records 177.6% and total cumulative return in cash reaches $270,762. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,723/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.30 Acres lot
$N/A/sqft
$1,133 annually 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: Abu Talukder • Homeland Realty Group, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7403194
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