2406 Figaro DrAtlantaGA30339
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $479,000, 2406 Figaro Dr, Atlanta, GA, 30339 in Atlanta generates $3,386/mo in rent (8.48% yield) but nets only $186/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.57) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $132,339. Total projected return: $194,647.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 4.8% |
| Monthly Cash Flow | $186 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,386 |
| Total Monthly Debt Service | $3,010 |
| DSCR Ratio | 1.13x |
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.
Townhouse
Built in 2022
740.52 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30339, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,801 (100%) |
| Owner Occupied HU | 5,869 (26.9%) |
| Renter Occupied HU | 13,492 (61.9%) |
| Vacant Housing Units | 2,440 (11.2%) |
| Median Home Value | $568,603 |
| Average Home Value | $704,549 |
Housing Distribution
Address Breakdown
Residential
20,059
Single Family
5,065
Multi-Family
14,994
Businesses
2,458
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
Townhouse
Built in 2022
740.52 sqft lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30339, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,801 (100%) |
| Owner Occupied HU | 5,869 (26.9%) |
| Renter Occupied HU | 13,492 (61.9%) |
| Vacant Housing Units | 2,440 (11.2%) |
| Median Home Value | $568,603 |
| Average Home Value | $704,549 |
Housing Distribution
Address Breakdown
Residential
20,059
Single Family
5,065
Multi-Family
14,994
Businesses
2,458
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices