2238 SCARBROUGH Drive, Stone Mountain, GA 30088

$225,000

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… Read More 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. Read Less

Listing courtesy of Keller Williams Realty, Joshua Keen, 404-564-5560

Listing Snapshot

Days Online

Last Updated

Jun 5, 2025

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

1,248

Lot Size

0.2 Acres

Year Built

1985

MLS Number

10515372

Additional Details

Appliances & Equipment

Dishwasher, Refrigerator, Oven/Range (Combo)

Basement

None

Building

1,248 finished sqft above grade, 1,248 total finished sqft, Built in 1985, Traditional, Vinyl Siding, One and One Half, House

Community

Walk To Schools, Walk To Public Transit

Cooling

Central Air, Ceiling Fan(s)

Fireplaces

One fireplace

Floors

Carpet, Vinyl, Tile

Heating

Central

Home Owner's Association

None

Interior Features

High Ceilings

Lot

Leased Land: No, 0.2 acres

Parking

Parking Total: 2, Garage

Property

Resale, Single Family Residence

Roof

Composition

Security Features

Smoke Detector(s)

Sewer

Public Sewer

Taxes

Annual Amount: $3,547, Year: 2023

Utilities

Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Sewer Connected, Phone Available, Water Available, Public

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