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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 148 Waverly Way NE APT 10, Atlanta, GA, 30307 generates $2,050/mo in rent and, after a $1,395/mo payment, leaves $50/mo in cash flow. Total monthly income is $2,050/mo, and annual cash flow is $604/yr on $94,478 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.63% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 107.38% and total cumulative return in cash sums $101,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,050/mo property income rather than buyer’s personal income.
Condo
Built in 1965
740.52 sqft lot
$N/A/sqft
$265 monthly HOA
Neighborhood data shown for ZIP Code: 30307, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,341 (100%) |
| Owner Occupied HU | 6,179 (54.5%) |
| Renter Occupied HU | 4,391 (38.7%) |
| Vacant Housing Units | 771 ( 6.8%) |
| Median Home Value | $739,572 |
| Average Home Value | $786,437 |
Residential
10,462
Single Family
7,994
Multi-Family
2,468
Businesses
593
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $285,000 |
| 2009-10-28 | Sold | $90,000 |
| 2008-05-25 | Listing removed | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | N/A | N/A | $84,920 | N/A |
| 2023-04-26 | $506.51 | -55.47% | $84,920 | N/A |
| 2022-04-26 | $1137.38 | 6.36% | $84,920 | 3.01% |
Listed by: Patrick McCulley • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7567792
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