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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Atlanta at 1844 Devon Dr SW, Atlanta, GA, 30311 offers a 13.04% rental yield on a $205,000 purchase with $2,227/mo rent. Total monthly income registers $2,227/mo, and a $1,003/mo payment leaves $641/mo available for distribution. Annual cash flow reaches $7,694/yr on $67,958 to close, and return on cash invested stands at 31.23% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 165.66% and total cumulative return in cash at $112,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,227/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
871.20 sqft lot
$N/A/sqft
$275 monthly HOA
Neighborhood data shown for ZIP Code: 30311, Atlanta, GA area.
| 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 |
Residential
14,920
Single Family
11,842
Multi-Family
3,078
Businesses
776
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $205,000 |
| 2015-08-27 | Sold | $55,000 |
| 2015-08-23 | Pending sale | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-17 | $2463.95 | 1.27% | $77,240 | 28.48% |
| 2022-11-17 | $2433.05 | 40.16% | $60,120 | 44.52% |
| 2021-11-17 | $1735.85 | 1.97% | $41,600 | 1.17% |
Listed by: Nafissatou Mboup • Maximum One Realtor Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7473053
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