1470 Vernon North DrAtlantaGA30338
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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 1470 Vernon North Dr, Atlanta, GA, 30338 uses $236,847 cash to close to unlock $8,833/yr annual cash flow and $736/mo monthly cash flow. Total monthly income runs $5,118/mo, and a $3,524/mo payment keeps the spread at $736/mo. Purchase price stands at $719,900, and rental yield measures 8.53% with $5,118/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $198,895 over five years. Five-year ROI reaches 123.5% and total cumulative return in cash records $292,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,118/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30338, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,241 (100%) |
| Owner Occupied HU | 9,602 (59.1%) |
| Renter Occupied HU | 5,630 (34.7%) |
| Vacant Housing Units | 1,009 ( 6.2%) |
| Median Home Value | $585,331 |
| Average Home Value | $613,169 |
Housing Distribution
Address Breakdown
Residential
15,359
Single Family
9,076
Multi-Family
6,283
Businesses
948
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