1576 Elixir Ave SWAtlantaGA30314
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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 1576 Elixir Ave SW, Atlanta, GA, 30314 uses $115,528 cash to close to unlock $5,012/yr annual cash flow and $418/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,706/mo payment keeps the spread at $418/mo. Purchase price stands at $348,500, and rental yield measures 8.74% with $2,539/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $96,284 over five years. Five-year ROI reaches 125.98% and total cumulative return in cash records $145,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,706/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30314, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,673 (100%) |
| Owner Occupied HU | 2,638 (27.3%) |
| Renter Occupied HU | 5,125 (53.0%) |
| Vacant Housing Units | 1,910 (19.7%) |
| Median Home Value | $271,417 |
| Average Home Value | $336,852 |
Housing Distribution
Address Breakdown
Residential
8,050
Single Family
6,901
Multi-Family
1,149
Businesses
450
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