1577 New St NEAtlantaGA30307
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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
Rental property for sale in Atlanta at 1577 New St NE, Atlanta, GA, 30307 generates $3,366/mo in rent, after a $2,777/mo payment. Total monthly income is $3,366/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.12% on a $567,400 entry. Equity gained on principal adds $3,661/yr, while 5% annual appreciation builds toward $156,762 over five years. Five-year ROI reaches 100.48% and total cumulative return in cash sums $187,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,366/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30307, Atlanta, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
7,994
Multi-Family
2,468
Businesses
593
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Listed by: Lawrence Orange • Real Broker, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7434731
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