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2238 Scarbrough Drive

Stone Mountain, GA 30088
  • $225,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 10515372
UPDATED: 46 min ago
$225,000
  • 3
    BEDS
  • 0.2
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,248
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1985
County:

School Information

Elementary School:
Middle School:
High School:

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.

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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jamie Moorman Team | MF Real Estate Firm are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jamie Moorman Team | MF Real Estate Firm. Data last updated: 2025-06-21T15:11:27.49.
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2238 Scarbrough Drive Stone Mountain, GA 30088

  • Price: $225,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 46 min ago
  • MLS #: 10515372
3
Beds
2
Baths
1
½ Baths
0.2
Acres
1,248
SQFT
$180
$/SQFT
1985
Built
Neighborhood:
Barry E Cowan
County:
Dekalb
Area:
Stone Mountain
Elementary School:
Panola Way
Middle School:
Miller Grove
High School:
Miller Grove
Property 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.
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Garage YN Yes Levels One and One Half Lot Features Other Lot Size Area 8712 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Garage Parking Total 2 Roof Composition View YN No

Interior Features

Above Grade Finished Area 1248 Above Grade Finished Area Units Square Feet Appliances DishwasherRefrigeratorRange Basement None Below Grade Finished Area 0 Below Grade Finished Area Units Square Feet Building Area Total 1248 Building Area Units Square Feet Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring CarpetVinylTile Heating Central Heating YN Yes Interior Features High Ceilings Laundry Features Other Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 0 Main Level Bedrooms 0 Rooms Family Room

Property Features

Association Fee Includes None Association YN No Community Features Walk To SchoolsNear Public Transport Electric On Property YN Yes Home Warranty YN No Land Lease YN No New Construction YN No Property Condition Resale Property Sub Type Single Family Residence Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions As Is Structure Type House Tax Annual Amount 3547 Tax Year 2023 Utilities Cable AvailableElectricity AvailableHigh Speed InternetNatural Gas AvailableSewer ConnectedPhone AvailableWater Available Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Realty: 404-564-5560. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jamie Moorman Team | MF Real Estate Firm are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jamie Moorman Team | MF Real Estate Firm. Data last updated: 2025-06-21T15:11:27.49.
 
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Warner Robins GA, 31088.