1115 E Rock Springs Rd NEAtlantaGA30306
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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 1115 E Rock Springs Rd NE, Atlanta, GA, 30306 generates $8,338/mo in rent and, after a $6,554/mo payment, leaves $188/mo in cash flow. Total monthly income is $8,338/mo, and annual cash flow is $2,260/yr on $433,836 invested. Return on cash invested sits at 20.89% in year one, and rental yield is 7.47% on a $1,339,000 entry. Equity gained on principal adds $8,640/yr, while 5% annual appreciation builds toward $369,941 over five years. Five-year ROI reaches 107.87% and total cumulative return in cash sums $467,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,338/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30306, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,791 (100%) |
| Owner Occupied HU | 6,947 (54.3%) |
| Renter Occupied HU | 5,118 (40.0%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $851,880 |
| Average Home Value | $914,740 |
Housing Distribution
Address Breakdown
Residential
12,342
Single Family
9,298
Multi-Family
3,044
Businesses
494
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