1078 Hobson St SWAtlantaGA30310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1078 Hobson St SW, Atlanta, GA, 30310 in Atlanta: $2,579/mo in rent, $358/mo in net income, 8.48% gross yield, 1.57 DSCR, all at $364,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $100,815 in appreciation and $3,361/yr in principal paydown projects total cumulative return of $161,272.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.8% |
| Monthly Cash Flow | $358 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,579 |
| Total Monthly Debt Service | $2,076 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
4,290 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30310, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,513 (100%) |
| Owner Occupied HU | 5,776 (39.8%) |
| Renter Occupied HU | 7,110 (49.0%) |
| Vacant Housing Units | 1,627 (11.2%) |
| Median Home Value | $361,551 |
| Average Home Value | $443,418 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
11,230
Multi-Family
1,781
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
4,290 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30310, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,513 (100%) |
| Owner Occupied HU | 5,776 (39.8%) |
| Renter Occupied HU | 7,110 (49.0%) |
| Vacant Housing Units | 1,627 (11.2%) |
| Median Home Value | $361,551 |
| Average Home Value | $443,418 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
11,230
Multi-Family
1,781
Businesses
1,105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices