1644 Lakewood Ave SEAtlantaGA30315
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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 1644 Lakewood Ave SE, Atlanta, GA, 30315 uses $66,300 cash to close to unlock $1,436/yr annual cash flow and $120/mo monthly cash flow. Total monthly income runs $1,337/mo, and a $979/mo payment keeps the spread at $120/mo. Purchase price stands at $200,000, and rental yield measures 8.02% with $1,337/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash records $75,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,337/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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