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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 2334 Loraine St NE, Atlanta, GA, 30319 offers $3,719/mo rent that, after a $2,251/mo payment, leaves $920/mo cash flow. Total monthly income is $3,719/mo, and annual cash flow is $11,038/yr on $152,490 cash. Return on cash invested measures 27.15% in year one, and rental yield stands at 9.7% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 141.52% and total cumulative return in cash reaches $215,797. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,719/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30319, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,847 (100%) |
| Owner Occupied HU | 11,337 (49.6%) |
| Renter Occupied HU | 9,835 (43.0%) |
| Vacant Housing Units | 1,675 ( 7.3%) |
| Median Home Value | $711,237 |
| Average Home Value | $804,216 |
Residential
21,002
Single Family
12,489
Multi-Family
8,513
Businesses
510
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Contingent | $460,000 |
| 2024-09-05 | Listed for sale | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jamie Simpson • Keller Williams Rlty Consultants
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7449908
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