1115 E Rock Springs Rd NEAtlantaGA30306
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1115 E Rock Springs Rd NE, Atlanta, GA, 30306 in Atlanta at $1,339,000 earns $8,338/mo in rent and nets $188/mo after the $6,021/mo payment, a 7.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $369,941 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $12,332/yr in principal paydown, total projected return reaches $519,277.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 4.8% |
| Monthly Cash Flow | $188 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $8,338 |
| Total Monthly Debt Service | $7,617 |
| DSCR Ratio | 1.09x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices