2473 McAlpin TerEast PointGA30344
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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 East Point at 2473 McAlpin Ter, East Point, GA, 30344 offers a 11.06% rental yield on a $295,000 purchase with $2,719/mo rent. Total monthly income registers $2,719/mo, and a $1,444/mo payment leaves $923/mo available for distribution. Annual cash flow reaches $11,082/yr on $97,793 to close, and return on cash invested stands at 31.24% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 163.5% and total cumulative return in cash at $159,890. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,719/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1964
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Housing Distribution
Address Breakdown
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
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Listed by: Joshua Ferrell • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls ID: #7644142