1700 Devon Dr SWAtlantaGA30311
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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 1700 Devon Dr SW, Atlanta, GA, 30311 offers $1,551/mo rent that, after a $1,126/mo payment. Total monthly income is $1,551/mo. Return on cash invested measures 16.55% in year one, and rental yield stands at 8.09% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 86.79% and total cumulative return in cash reaches $66,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,551/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2006
871.20 sqft lot
$N/A/sqft
$3,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30311, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,923 (100%) |
| Owner Occupied HU | 5,850 (36.7%) |
| Renter Occupied HU | 8,318 (52.2%) |
| Vacant Housing Units | 1,755 (11.0%) |
| Median Home Value | $330,055 |
| Average Home Value | $371,302 |
Housing Distribution
Address Breakdown
Residential
14,920
Single Family
11,842
Multi-Family
3,078
Businesses
776
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Listed by: Michelle Brewer • Sanders RE, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7578593
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