1238 Memorial Dr SE #BAtlantaGA30316
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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 1238 Memorial Dr SE #B, Atlanta, GA, 30316 generates $4,266/mo in rent and, after a $2,521/mo payment, leaves $1,131/mo in cash flow. Total monthly income is $4,266/mo, and annual cash flow is $13,575/yr on $169,435 invested. Return on cash invested sits at 28.07% in year one, and rental yield is 9.94% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 146.46% and total cumulative return in cash sums $248,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,266/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
3,702 sqft 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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