Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$235,000

For Sale - Active
1520 Stoneleigh Cir, Stone Mountain, GA 30088
3 Beds
3 Baths
1,947 Square Feet
0.00 Acres Lot
Built in 1983
For Sale - Active
Units n/a
Checked: 18 hours ago
Updated: Sep 23, 2025 at 10:21AM

Investment Summary


Monthly Cash Flow
-$352
Cap Rate
4.4%
Cash-on-Cash Return
-7.8%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.6%

Property Description


0.00 Acres Lot
Built in 1983
For Sale - Active
Units n/a

Exquisite & Move-In Ready Townhome with Sunroom and Expansive Backyard Freshly painted and beautifully refreshed, this elegant townhouse offers the perfect blend of sophistication and comfort. Featuring 3 generously sized bedrooms and 3 full bathrooms, the home is thoughtfully designed with both style and functionality in mind. The main living areas boast sleek ceramic tile flooring, while the bedrooms are enhanced with brand-new plush carpeting for a warm and inviting feel. An impressive sunroom addition-adding 500 sq. ft. of light-filled living space- creates a versatile retreat ideal for year-round entertaining, relaxing, or transforming into a chic home office. The kitchen and bathrooms have been tastefully updated, showcasing modern finishes that pair beautifully with the home's timeless design. The kitchen is equipped with stainless steel appliances only 2 years old, while all major systems and components are also just 2 years old-providing peace of mind for years to come. For added assurance, the property includes a comprehensive home warranty. Step outdoors to discover one of the largest backyard sanctuaries in the community, complete with a spacious deck-perfect for al fresco dining, private gatherings, or cultivating your own lush garden oasis. Nestled within a well-established community, the home offers a coveted balance of privacy and convenience, just minutes from premier shopping, dining, and major commuter routes. Don't miss the opportunity to own this stylish and turnkey property-schedule your private showing today and experience the elevated lifestyle this home affords.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Details: Detached
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Stories: 3
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Roof Material: Other

HOA

  • Has HOA: Yes
  • HOA Fee: $199/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Townhouse

Lot Information

  • Parcel ID: 1606112022
  • Lot Size: 0 sqft

Property Information

  • Property Type: Townhouse
  • Style: Other
  • Year Built: 1983

Tax Information

  • Annual Tax: $4,475

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: De Kalb

Listing Details


Listed by:
Fransau McDonald
Keller Williams Realty Atl. Partners
(678) 775-2600

Source:
Georgia MLS
MLS#: 10609914
Georgia MLS

Investment Summary


Monthly Cash Flow
-$352
Cap Rate
4.4%
Cash-on-Cash Return
-7.8%
Debt Coverage Ratio
0.71
Internal Rate of Return (5 years)
-3.6%

Purchase Details

Find an Agent

Purchase price:
$235,000
Amount financed:
-$188,000
Down payment:
$47,000
Closing costs:
$7,050
Rehab costs:
$0
Initial cash invested:
$54,050
Square feet:
1,947
Cost per square foot:
$121
Monthly rent per square foot:
$0.92

Financing Details

Find a Lender

Loan amount:
$188,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,204
Property tax:
$373
Insurance:
$126
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,703

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$1,800 $21,600
Vacancy loss: (6%)
6% -$108 -$1,296
Operating income:
$1,692 $20,304

Operating Expenses


% Rent Monthly Yearly
Property taxes: (21%)
21%-$373-$4,475
Insurance: (7%)
7%-$126-$1,512
Property management: (8%)
8%-$144-$1,728
Repairs & maintenance: (5%)
5%-$90-$1,080
Capital expenditures: (5%)
5%-$90-$1,080
HOA fees: (1%)
1%-$17-$204
Total operating expenses: (47%)
47%-$840-$10,079

Cash Flow


Monthly Yearly
Net operating income:
$852 $10,224
Mortgage payments:
-$1,204 -$14,448
Cash flow:
-$352 -$4,224