226 Elvan AveAtlantaGA30317
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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 226 Elvan Ave, Atlanta, GA, 30317 at $899,000 posts ROI 17.52% with from $5,089/mo rent. Total monthly income equals $5,089/mo. Return on cash invested measures 17.52% and rental yield reads 6.79% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 90.21% and total cumulative return in cash totals $266,818. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,089/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
4,356 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30317, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 4,018 (54.2%) |
| Renter Occupied HU | 2,795 (37.7%) |
| Vacant Housing Units | 596 ( 8.0%) |
| Median Home Value | $541,692 |
| Average Home Value | $579,009 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,500
Multi-Family
1,125
Businesses
238
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Nearby investment properties with comparable prices
Listed by: Cassie Joy • Keller Williams Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10388819
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.