1300 Memorial Dr UNIT 3AtlantaGA30317
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1300 Memorial Dr UNIT 3, Atlanta, GA, 30317 in Atlanta: $6,612/mo in rent, $2,817/mo net, 13.45% gross yield, all on a $589,900 acquisition. The 2.49 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $162,978 in value, and $5,433/yr in principal paydown steadily builds equity. Projected total cumulative return: $405,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 4.8% |
| Monthly Cash Flow | $2,817 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,612 |
| Total Monthly Debt Service | $3,561 |
| DSCR Ratio | 1.86x |
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.
Townhouse
Built in 2024
435.60 sqft lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30317, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 4,018 (54.2%) |
| Renter Occupied HU | 2,795 (37.7%) |
| Vacant Housing Units | 596 ( 8.0%) |
| Median Home Value | $541,692 |
| Average Home Value | $579,009 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,500
Multi-Family
1,125
Businesses
238
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
Townhouse
Built in 2024
435.60 sqft lot
$N/A/sqft
$205 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30317, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 4,018 (54.2%) |
| Renter Occupied HU | 2,795 (37.7%) |
| Vacant Housing Units | 596 ( 8.0%) |
| Median Home Value | $541,692 |
| Average Home Value | $579,009 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,500
Multi-Family
1,125
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices