816 Heritage Oaks DrStone MountainGA30088
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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 816 Heritage Oaks Dr, Stone Mountain, GA, 30088 listed at $179,950 pairs $1,973/mo rent with a $881/mo payment to leave $655/mo cash flow. Total monthly income runs $1,973/mo, and annual cash flow reaches $7,862/yr on $59,653 cash to close. Return on cash invested measures 33.09% in year one, and rental yield registers 13.16% at a $179,950 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,717 by year five. Five-year ROI tracks 175.09% and total cumulative return in cash totals $104,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
4,356 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30088, Stone Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,517 (100%) |
| Owner Occupied HU | 5,988 (56.9%) |
| Renter Occupied HU | 3,958 (37.6%) |
| Vacant Housing Units | 571 ( 5.4%) |
| Median Home Value | $262,240 |
| Average Home Value | $303,802 |
Housing Distribution
Address Breakdown
Residential
10,416
Single Family
8,432
Multi-Family
1,984
Businesses
183
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Listed by: Steven T. Koleno • Beycome Brokerage Realty LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10395068
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 2024 GAMLS. All rights reserved.