238 Walker St SW UNIT 23AtlantaGA30313
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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 23, Atlanta, GA, 30313 earns $270/mo cash flow from $1,256/mo rent with a $793/mo payment. Total monthly income totals $1,256/mo, and annual cash flow totals $3,239/yr on $53,703 capital. ROI tracks 25.94% on current figures, and rental yield reads 9.3% at a $162,000 purchase. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,758 over five years. Five-year ROI reaches 135.04% and total cumulative return in cash sums $72,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,256/mo property income instead of your 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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