1220 Erica Way SEAtlantaGA30354
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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 1220 Erica Way SE, Atlanta, GA, 30354 generates $2,594/mo in rent and, after a $2,056/mo payment, leaves $38/mo in cash flow. Total monthly income is $2,594/mo, and annual cash flow is $450/yr on $139,230 invested. Return on cash invested sits at 20.23% in year one, and rental yield is 7.41% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 104.46% and total cumulative return in cash sums $145,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,594/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30354, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 2,702 (33.7%) |
| Renter Occupied HU | 4,413 (55.1%) |
| Vacant Housing Units | 892 (11.1%) |
| Median Home Value | $238,776 |
| Average Home Value | $283,440 |
Housing Distribution
Address Breakdown
Residential
7,229
Single Family
6,069
Multi-Family
1,160
Businesses
855
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