883 Heritage Oaks DrStone MountainGA30088
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 883 Heritage Oaks Dr, Stone Mountain, GA, 30088 listed at $190,000 pairs $1,484/mo rent with a $930/mo payment to leave $121/mo cash flow. Total monthly income runs $1,484/mo, and annual cash flow reaches $1,457/yr on $62,985 cash to close. Return on cash invested measures 22.22% in year one, and rental yield registers 9.37% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 116.58% and total cumulative return in cash totals $73,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,484/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
4,356 sqft lot
$N/A/sqft
$840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip Griffith • Collaborative Touch Mgmt & Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10549874
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 2025 GAMLS. All rights reserved.