1300 Memorial Dr UNIT 3AtlantaGA30317
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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
Investment property for sale in Atlanta at 1300 Memorial Dr UNIT 3, Atlanta, GA, 30317 offers a 13.45% rental yield on a $589,900 purchase with $6,612/mo rent. Total monthly income registers $6,612/mo, and a $2,887/mo payment leaves $2,817/mo available for distribution. Annual cash flow reaches $33,804/yr on $194,077 to close, and return on cash invested stands at 37.48% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 197.36% and total cumulative return in cash at $383,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,612/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Allen Snow • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7454254
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