1892 Mercedes Ct NEAtlantaGA30345
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
Investment Highlights
Rental property for sale in Atlanta at 1892 Mercedes Ct NE, Atlanta, GA, 30345 priced at $1,149,000 converts $5,507/mo rent into after a $5,624/mo obligation. Total monthly income equals $5,507/mo. Return on cash invested prints 15.58% in year one, and rental yield reads 5.75% against a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation compiles into $317,448 by year five. Five-year ROI reaches 79.39% and total cumulative return in cash sums $295,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,507/mo property income covering a $5,624/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30345, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 5,431 (49.1%) |
| Renter Occupied HU | 4,952 (44.8%) |
| Vacant Housing Units | 673 ( 6.1%) |
| Median Home Value | $502,654 |
| Average Home Value | $569,589 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
7,888
Multi-Family
3,219
Businesses
981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices