214 Thornton St SWAtlantaGA30315
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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 214 Thornton St SW, Atlanta, GA, 30315 uses $46,410 cash to close to unlock $10,506/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $685/mo payment keeps the spread at $876/mo. Purchase price stands at $140,000, and rental yield measures 15.63% with $1,823/mo rent. Return on cash invested shows 42.55% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 225.05% and total cumulative return in cash records $104,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1961
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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Listed by: Robert Salmons • Entera Realty, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7488484
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