1940 Detroit Ave NWAtlantaGA30314
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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 1940 Detroit Ave NW, Atlanta, GA, 30314 earns $777/mo cash flow from $3,571/mo rent with a $2,247/mo payment. Total monthly income totals $3,571/mo, and annual cash flow totals $9,324/yr on $152,159 capital. ROI tracks 26.04% on current figures, and rental yield reads 9.34% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 135.59% and total cumulative return in cash sums $206,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,571/mo property income instead of your personal income.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30314, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,673 (100%) |
| Owner Occupied HU | 2,638 (27.3%) |
| Renter Occupied HU | 5,125 (53.0%) |
| Vacant Housing Units | 1,910 (19.7%) |
| Median Home Value | $271,417 |
| Average Home Value | $336,852 |
Housing Distribution
Address Breakdown
Residential
8,050
Single Family
6,901
Multi-Family
1,149
Businesses
450
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