1646 Rainier Falls Dr NEAtlantaGA30329
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 1646 Rainier Falls Dr NE, Atlanta, GA, 30329 in Atlanta at $725,000 earns $4,460/mo in rent and nets $48/mo after the $3,260/mo payment, a 7.38% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $200,304 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $6,677/yr in principal paydown, total projected return reaches $277,695.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $48 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,460 |
| Total Monthly Debt Service | $4,124 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30329, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 3,559 (25.2%) |
| Renter Occupied HU | 9,243 (65.3%) |
| Vacant Housing Units | 1,347 ( 9.5%) |
| Median Home Value | $511,335 |
| Average Home Value | $567,006 |
Housing Distribution
Address Breakdown
Residential
14,567
Single Family
8,060
Multi-Family
6,507
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1961
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30329, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 3,559 (25.2%) |
| Renter Occupied HU | 9,243 (65.3%) |
| Vacant Housing Units | 1,347 ( 9.5%) |
| Median Home Value | $511,335 |
| Average Home Value | $567,006 |
Housing Distribution
Address Breakdown
Residential
14,567
Single Family
8,060
Multi-Family
6,507
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices