24 Daniel St SE APT 4AtlantaGA30312
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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
Rental property for sale in Atlanta at 24 Daniel St SE APT 4, Atlanta, GA, 30312 priced at $259,000 converts $1,778/mo rent into $201/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,778/mo, and annual cash flow totals $2,416/yr on $85,859 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 8.24% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 117.83% and total cumulative return in cash sums $101,164. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,778/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Condo
Built in 1961
696.96 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30312, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,811 (100%) |
| Owner Occupied HU | 4,639 (27.6%) |
| Renter Occupied HU | 10,841 (64.5%) |
| Vacant Housing Units | 1,331 ( 7.9%) |
| Median Home Value | $557,747 |
| Average Home Value | $592,268 |
Housing Distribution
Address Breakdown
Residential
16,523
Single Family
7,935
Multi-Family
8,588
Businesses
714
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