1823 Devon Dr SW #1823AtlantaGA30311
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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 1823 Devon Dr SW #1823, Atlanta, GA, 30311 earns $400/mo cash flow from $2,100/mo rent with a $1,126/mo payment. Total monthly income totals $2,100/mo, and annual cash flow totals $4,799/yr on $76,245 capital. ROI tracks 26.2% on current figures, and rental yield reads 10.96% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 138.18% and total cumulative return in cash sums $105,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Townhouse
Built in 2005
871.20 sqft lot
$N/A/sqft
$300 monthly 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: Conroy Johnson • Shider Haus Real Estate Group, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7581771
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