2040 Chicago 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 2040 Chicago Ave NW, Atlanta, GA, 30314 offers a 8.25% rental yield on a $234,900 purchase with $1,615/mo rent. Total monthly income registers $1,615/mo, and a $1,150/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,221/yr on $77,869 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 118.07% and total cumulative return in cash at $91,941. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,615/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,601 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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