244 Peters St SW Unit 10AtlantaGA30313
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 244 Peters St SW Unit 10, Atlanta, GA, 30313 in Atlanta earns a 9.62% gross yield at $400,000. Rent of $3,208/mo nets $773/mo after the $1,896/mo mortgage. The 1.69 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $110,513 and $3,353/yr in equity accumulation project a total cumulative return of $193,784.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 4.8% |
| Monthly Cash Flow | $773 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,208 |
| Total Monthly Debt Service | $2,373 |
| DSCR Ratio | 1.35x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1950
1,916 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
