Stone Mountain Condo Flip

Stone Mountain Condo Flip

1 bed 1 bath 912 sq ft Built in 1987 Condominium
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80
Quality of Comparables
Low High
18 /20
Level of Rehab
Heavy Light
18/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Here is the lightest flip you may ever find being located in a quiet region within Stone Mountain, Georgia. This condo is conveniently less than a mile from Stone Mountain Mall, Memorial Drive, and I-285. The HVAC was recently updated in 2022 and the interior has been painted. The bathroom is being finished, and the kitchen is receiving new appliances as well as butcher block countertops. With almost all work completed, you will be able to put in your finishing touches and have it ready for the open market in no time!

With an average time on market of 21 days within the last year and coming with an oversized living room and bedroom, this house will attract end-buyers and investors alike. Whether this is your first flip, or one of many, rarely do we see properties with such a quick turn around. Make sure to contact your EquityPro Advisor before this gem is gone!

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We recommend flip
Rental Income
$1,200 mo. / $14,400 yr.
Estimated Taxes
$1,500 / yr.
Maintenance
$500 / yr.
HOA Dues
$3,876 / yr.
$6,084
Projected Income
5.03%
Estimated APY
$17,575
Projected Income
13.79%
Estimated ROI

Comps

 
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Sold

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