1415 Vesta AveEast PointGA30344
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1415 Vesta Ave, East Point, GA, 30344 in East Point at $355,000 earns $2,170/mo in rent and nets $9/mo after the $1,596/mo payment, a 7.33% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $98,080 over five years. Ziffy Mortgage underwrites this on a 1.36 DSCR without U.S. credit history. With $3,270/yr in principal paydown, total projected return reaches $135,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.5% |
| Monthly Cash Flow | $9 | $300 |
City averages based on East Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,170 |
| Total Monthly Debt Service | $2,019 |
| DSCR Ratio | 1.07x |
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.
Multi Family
Built in 1965
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
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
Multi Family
Built in 1965
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Babusak Realty Group • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: FMLS GA
Mls ID: #7705264