245 Richardson Rd NWAtlantaGA30314
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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 245 Richardson Rd NW, Atlanta, GA, 30314 priced at $320,000 pairs $2,642/mo rent with $695/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,642/mo, and annual cash flow comes to $8,336/yr on $106,080 invested. Return on cash invested is 27.77% in year one, and rental yield stands at 9.91% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 144.84% and total cumulative return in cash reaches $153,651. For financing, Ziffy Mortgage’s DSCR program evaluates $2,642/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30314, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,673 (100%) |
| Owner Occupied HU | 2,638 (27.3%) |
| Renter Occupied HU | 5,125 (53.0%) |
| Vacant Housing Units | 1,910 (19.7%) |
| Median Home Value | $271,417 |
| Average Home Value | $336,852 |
Housing Distribution
Address Breakdown
Residential
8,050
Single Family
6,901
Multi-Family
1,149
Businesses
450
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