Available
$167,000(ARV: $270,000)62% of ARV

DeKalb County, Stone Mountain, GA 30083

3 bd2 ba1,382 sfBuilt 1982

5 days ago

Gross spread$103,000

Description

Stone Mountain, GA 30083 This 3-bedroom, 2-bathroom home offers an excellent value-add opportunity in a strong rental market. The property needs only a light cosmetic rehab and is well-positioned for both fix-and-flip investors and buy-and-hold landlords. Important: The actual living area is 1,382 sq. ft. Public records and some online websites incorrectly report the square footage. Investment Highlights 3 Bedrooms / 2 Bathrooms 1,382 Actual Sq. Ft. Light Rehab Needed ARV: $260,000–$270,000 Strong Comparable Sales Excellent Rental Market Great Flip or Long-Term Hold Comparable Sales 4592 Garden Hills Dr – Sold for $275,000 ($196/SF) 4580 Arborwalk Ct – Sold for $225,000 ($213/SF) 4657 Garden Hills Dr – Sold for $220,000 ($176/SF) 4594 Poplar Rd, Pine Lake (Approx. ½ mile away) – Sold for $274,000 ($178/SF) Rental Potential Market Rent (LTR): Approximately $2,100/month Section 8 / HUD Rent: Approximately $2,040/month Why This Deal? Cosmetic renovation keeps rehab costs manageable. Strong comparable sales support the projected ARV. Opportunity for a profitable flip or a cash-flowing rental. Desirable location with consistent investor demand in the Stone Mountain market. Reply for the full deal package, photos, repair estimate, access details, and purchase price. First come, first served. Proof of funds required for showings.

$/sqft vs market

This deal$121/sqft
Market median$175/sqft
Difference31% below

Median of 24 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,382
Lot size8,712 sf
Year built1982
ConditionLight Rehab
OccupancyVacant
ParkingGarage

Systems & condition

Roof age11-20 yrs
HeatingFurnace · 6-10 yrs
Air conditioningCentral AC
FoundationOther
Foundation conditionGood

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing158
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