DeKalb County, Stone Mountain, GA 30083
3 bd2 ba1,382 sfBuilt 1982
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
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
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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