230 Bill Lucas Dr SEAtlantaGA30315
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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
Rental property for sale in Atlanta at 230 Bill Lucas Dr SE, Atlanta, GA, 30315 generates $3,830/mo in rent and, after a $2,912/mo payment, leaves $209/mo in cash flow. Total monthly income is $3,830/mo, and annual cash flow is $2,508/yr on $195,755 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 7.72% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 110.34% and total cumulative return in cash sums $216,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,830/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
3,497 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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