1321 Arnold Ave NEAtlantaGA30324
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
Investment Highlights
Investment property for sale in Atlanta at 1321 Arnold Ave NE, Atlanta, GA, 30324 uses $165,717 cash to close to unlock $1,047/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $3,130/mo, and a $2,447/mo payment keeps the spread at $87/mo. Purchase price stands at $499,900, and rental yield measures 7.51% with $3,130/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 106.11% and total cumulative return in cash records $175,848. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,130/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices