2042 Fargo Pl SEAtlantaGA30316
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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 2042 Fargo Pl SE, Atlanta, GA, 30316 uses $89,505 cash to close to unlock $4,443/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,014/mo, and a $1,322/mo payment keeps the spread at $370/mo. Purchase price stands at $270,000, and rental yield measures 8.95% with $2,014/mo rent. Return on cash invested shows 24.87% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 129.35% and total cumulative return in cash records $115,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,014/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30316, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,156 (100%) |
| Owner Occupied HU | 10,017 (52.3%) |
| Renter Occupied HU | 6,971 (36.4%) |
| Vacant Housing Units | 2,168 (11.3%) |
| Median Home Value | $465,902 |
| Average Home Value | $520,856 |
Housing Distribution
Address Breakdown
Residential
18,086
Single Family
14,647
Multi-Family
3,439
Businesses
1,057
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