2238 SCARBROUGH Drive, Stone Mountain, GA 30088

bedrooms 3
bathrooms 3
|House
THB ฿5,643,313
USD $175,000
Published on: 05 Jun 2025
Last updated on: 01 Aug 2025
2238 SCARBROUGH Drive, Stone Mountain, GA 30088
2238 SCARBROUGH Drive, Stone Mountain, GA 30088
2238 SCARBROUGH Drive, Stone Mountain, GA 30088
  • 3
Property ID: 110099968023
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Single Family Residence, Traditional - Stone Mountain, GA

2238 SCARBROUGH Drive, Stone Mountain, GA 30088
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.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Land Size
809.37 m2
Building Size
115.94 m2
Year Built
1985
Rooms
3 bedroom(s), 3 bathroom(s)
Architecture Style
New Traditional
County
Dekalb - GA
Parcel ID
16 039 04 041
Provider
First Multiple Listing Service, Inc.
Subdivision
Barry E Cowan
Brokerage Office Name
Keller Williams Realty Metro Atlanta
Brokerage Office Phone
(404) 564-5560
Address
2238 SCARBROUGH Drive, Stone Mountain, GA 30088

Nearby Schools

TypeSchool nameDistrict name
HighMiller GroveNot available
ElementaryPanola WayNot available
MiddleMiller GroveNot available
JuniorhighMiller GroveNot available

Tax History

YearTax amount
2023USD $3547THB ฿114,382*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Joshua Keen
Keller Williams Realty Metro Atlanta
101 W Ponce De Leon, Decatur, GA 30030
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Joshua Keen
101 W Ponce De Leon, Decatur, GA 30030
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      Property ID: 110099968023

      Original Property ID: 3yd-FMLSGA-7551466
      Data provided by First Multiple Listing Service, Inc., MLS #: 7551466
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