870 Chapman CirStone 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
Rental property for sale in Stone Mountain at 870 Chapman Cir, Stone Mountain, GA, 30088 offers $1,568/mo rent that, after a $969/mo payment, leaves $363/mo cash flow. Total monthly income is $1,568/mo, and annual cash flow is $4,357/yr on $65,637 cash. Return on cash invested measures 26.55% in year one, and rental yield stands at 9.5% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 138.37% and total cumulative return in cash reaches $90,820. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,568/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,018 sqft lot
$N/A/sqft
No 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: Joelle Ballariel • Mainstay Brokerage
Mls Name: GAMLS
Mls ID: #10622966