Home For Sale In Stone Mountain, Georgia

house for sale

Listed: 06/09/24

344 Colchester Dr, Stone Mountain, Georgia, 30088

10 Bed:

4 Bath:

2,692 Sq Ft Living Area:

Price

$ 290,000

Sold

Show 6 more

About This House

Rare, 12% CAP Occupied PadSplit grossing over$6, 200+ per month gross income per month (AFTER vacancies). 0.2mi to public transit, and around the corner from downtown Stone Mountain and Pine Lake. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.