1905 E Farris AveAtlantaGA30344
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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 1905 E Farris Ave, Atlanta, GA, 30344 uses $104,423 cash to close to unlock $3,391/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $2,200/mo, and a $1,542/mo payment keeps the spread at $283/mo. Purchase price stands at $315,000, and rental yield measures 8.38% with $2,200/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 120.14% and total cumulative return in cash records $125,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,200/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,141 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
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