238 Walker St SW UNIT 22AtlantaGA30313
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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 238 Walker St SW UNIT 22, Atlanta, GA, 30313 uses $59,339 cash to close to unlock $7,460/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $876/mo payment keeps the spread at $622/mo. Purchase price stands at $179,000, and rental yield measures 11.47% with $1,711/mo rent. Return on cash invested shows 32.48% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 170.14% and total cumulative return in cash records $100,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $876/mo payment rather than investor’s personal income.
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
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