Exploring Sale-Leaseback for 5BD/3BA Home in Stone Mountain, GA (ZIP 30087)

[Vince Smith]

Hello BiggerPockets community,

I’m a licensed real estate broker in Georgia exploring a sale-leaseback for my personal home in Stone Mountain (ZIP 30087).

This spacious 5-bedroom, 3-bathroom home, built in 1998, spans 3,300 sq ft and features a full unfinished basement with excellent potential for future rental income or customization.

Situated on a 0.23-acre lot, 10 minutes from Stone Mountain Park, the home has a 2-car garage and a roof only 2–3 years old, ensuring low maintenance. We’re currently living in the home and starting renovations, including LVP flooring, new carpet, full interior paint, fully renovated bathrooms with new fixtures and flooring, and a kitchen upgrade with new countertops and cabinet door fronts, to support a target sale price of $410,000, in line with recent comps ($380K–$450K) for similar homes in the area.

We’re building a new home and plan to sell at market value before construction begins, leasing back for 8–12 months with us as guaranteed tenants until the new home is complete.

The property is not currently listed as we explore options, but it will hit the market in July 2025. I’m offering investors an early, off-market opportunity to discuss this creative deal in a desirable Stone Mountain location.

I’m open to discussing pricing, leaseback terms, and other options to find a mutually beneficial arrangement. If you’re interested in this deal, please DM me to connect!

Thanks for your interest!