233 Spence Ave SEAtlantaGA30317
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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 233 Spence Ave SE, Atlanta, GA, 30317 with 5% annual appreciation on a $679,000 basis while $3,796/mo rent supports operations. 25% in year one. Equity gained on principal adds $4,381/yr, and five-year appreciation sums $187,595 alongside rental yield of 6.71%. Five-year ROI measures 93.8% and total cumulative return in cash totals $209,531. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,796/mo property income versus a $3,323/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
10,018 sqft lot
$N/A/sqft
No 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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