717 Conisburgh 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
Rental property for sale in Stone Mountain at 717 Conisburgh Ct, Stone Mountain, GA, 30087 priced at $355,000 converts $2,866/mo rent into $705/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,866/mo, and annual cash flow totals $8,460/yr on $117,683 invested. Return on cash invested prints 27.1% in year one, and rental yield reads 9.69% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 141.25% and total cumulative return in cash sums $166,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,866/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.30 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: Nicole Cunningham • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls ID: #7674010