2238 Scarbrough Dr, Stone Mountain, GA 30088
$209,900
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Home Description
Go ask your agent if this is true: Do some investment properties deliver immediate positive cash flow from the day of closing? The answer here is "YES." While most investors spend months renovating and marketing rental properties before seeing their first dollar of return, 2238 Scarbrough Drive offers what sophisticated portfolio builders value most: immediate, verifiable income.
What truly separates this opportunity from typical investment listings? Current occupancy with a qualified tenant already in place, generating $1,395 monthly. This represents the holy grail of residential investing: acquiring a performing asset without the typical startup costs and initial vacancy period that dramatically impact first-year returns. For investors focused on real-world performance rather than theoretical potential, this property delivers tangible results from day one. No construction delays, no contractor headaches, no marketing costs, and no tenant screening uncertainty. Just predictable monthly income beginning immediately after closing. The 3-bedroom, 2-bath split level configuration provides the ideal rental layout that consistently maintains tenant demand in any market condition and Stone Mountain's strategic location offers the precise balance of accessibility and affordability that drives superior investment returns. While providing easy commuting access to major employment centers, the property sits in a submarket where acquisition costs remain reasonable relative to rental rates, creating the favorable cash-on-cash returns that sophisticated investors prioritize.
Unlike speculative investment opportunities requiring substantial post-acquisition capital, this property allows your investment dollars to work immediately toward wealth building rather than renovation costs. The existing lease provides operational predictability that simply cannot be matched by vacant "potential rental" properties regardless of condition.
For investors building long-term portfolios, this property offers the ideal combination: reliable current income with appreciation potential in an established neighborhood. Whether expanding an existing portfolio or acquiring your first investment property, 2238 Scarbrough Drive represents the operational simplicity and immediate performance that savvy investors seek. Calculate your returns using actual numbers, not projections. Analyze the verified rental payment history and current property condition. Then make your decision promptly. Properties offering immediate income with documented performance history rarely remain available long in today's yield-seeking market. Priced to attract immediate interest from serious, investment-minded buyers only. Call your agent (or your financial advisor) today for a complete investment package including current lease documentation and payment history.
- MLS #: 7551466F
- Address: 2238 Scarbrough Dr
- City: Stone Mountain
- Zip: 30088
- County: Dekalb
- Community Features: Near Public Transport,Near Schools,Near Shopping
- Square Feet: 1248
- Sq. Ft. Source: Public Records
- Water Body Name: None
- Waterfront Features: None
- Water Source: Public
- Interior of Property: High Ceilings 9 ft Main,High Speed Internet
- Rooms: Family Room
- Flooring: Carpet,Ceramic Tile,Vinyl
- Kitchen Features: Cabinets White,Eat-in Kitchen,Laminate Counters
- Kitchen Appliances: Dishwasher,Electric Range,Refrigerator
- Fireplace: Family Room
- Number Fireplaces: 1
- Bedrooms: Other
- Master Bath: Tub/Shower Combo
- Dinning Room: Open Concept
- Laundry: Other
- Other Equipment: None
- Patio/Porch Features: Deck
- Security Features: Smoke Detector(s)
- Common Walls: No Common Walls
- Basement: None
- Parking: Garage,Garage Faces Front
- Lot Dimensions: x
- Lot Size Acres: 0.20
Available now at $209,900
- Type: Single Family
- Style: Traditional
- Levels: Multi/Split
- Property Condition: Resale
- Road Type: Asphalt
- Cooling: Ceiling Fan(s),Central Air
- Heating: Central
- Sewer: Public Sewer
- Green Energy Efficient: None
- Green Energy Generation: None
- Exterior of Property: Rain Gutters
- Construction Materials: Vinyl Siding
- Roof Type: Composition
- Other Structures: None
- Home Warranty: No
- : 404-564-5560
Neighborhood
The average asking price of a 3 bedroom Stone Mountain home in this zip code is
$276,949 (31.9% more than this home).
This home is priced at $168/sqft,
which is 8.1% less than similar homes
in the 30088 zip code.
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School Information
- Elementary:Panola Way
- Middle School:Miller Grove
- High School:Miller Grove
Financial
- Approx Payment:$1,063*
- Taxes:$3,547
Area Stats
These statistics are updated daily from the Georgia Multiple Listing Service. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(704) 649-1729 and speak with one of our real estate consultants.
Popular Homes
$394,990
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201
1.0%
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44
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468
4.9%
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65
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0.6%
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63
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1.8%
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70
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9
0.0%
33.3%
37
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3
0.0%
100.0%
47
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392
1.5%
51.3%
64
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0.0%
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0.0%
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Listing Courtesy of Keller Williams Realty Metro Atlanta.
For information or to schedule a viewing of this property (MLS# 7551466F), call: 704 649 1729
2238 Scarbrough Dr, Stone Mountain GA is a single family home of 1248 sqft and
is currently priced at $209,900
.
This single family home has 3 bedrooms.
A comparable home for sale at 5136 Huxley Rd in Stone Mountain is listed at $230,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Stone Mountain, GA.
Heritage Oaks, Scarbrough Square and Laurel Plantation are nearby neighborhoods.
MLS 7551466F has been posted on this site since 6/4/2025 (today).
2025
6/6/2025