238 Walker St SW UNIT 22AtlantaGA30313
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 238 Walker St SW UNIT 22, Atlanta, GA, 30313 in Atlanta speaks for itself: 11.47% gross on a $179,000 price, generating $1,711/mo in rent and $622/mo in net income after the $805/mo debt service. DSCR 2.13, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,461 stacks alongside $49,454 in projected five-year appreciation and $1,649/yr in principal reduction. Projected total cumulative return: $107,799.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 4.8% |
| Monthly Cash Flow | $622 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,711 |
| Total Monthly Debt Service | $1,018 |
| DSCR Ratio | 1.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
784.08 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30313, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 831 (23.5%) |
| Renter Occupied HU | 2,261 (64.0%) |
| Vacant Housing Units | 443 (12.5%) |
| Median Home Value | $464,433 |
| Average Home Value | $515,320 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
1,307
Multi-Family
2,299
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2006
784.08 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30313, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 831 (23.5%) |
| Renter Occupied HU | 2,261 (64.0%) |
| Vacant Housing Units | 443 (12.5%) |
| Median Home Value | $464,433 |
| Average Home Value | $515,320 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
1,307
Multi-Family
2,299
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices