1037 Ormewood Ave SEAtlantaGA30316
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Atlanta at 1037 Ormewood Ave SE, Atlanta, GA, 30316 generates $2,780/mo in rent, after a $2,594/mo payment. Total monthly income is $2,780/mo. Return on cash invested sits at 16.99% in year one, and rental yield is 6.3% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 87.04% and total cumulative return in cash sums $151,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,780/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30316, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,156 (100%) |
| Owner Occupied HU | 10,017 (52.3%) |
| Renter Occupied HU | 6,971 (36.4%) |
| Vacant Housing Units | 2,168 (11.3%) |
| Median Home Value | $465,902 |
| Average Home Value | $520,856 |
Housing Distribution
Address Breakdown
Residential
18,086
Single Family
14,647
Multi-Family
3,439
Businesses
1,057
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