








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Atlanta at 249 Josephine St, Atlanta, GA, 30307 at $899,000 posts ROI 21.6% with $379/mo cash flow from $5,892/mo rent. Total monthly income equals $5,892/mo, and annual cash flow records $4,545/yr on $295,771 to close. Return on cash invested measures 21.6% and rental yield reads 7.86% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 111.78% and total cumulative return in cash totals $330,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30307, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,341 (100%) |
| Owner Occupied HU | 6,179 (54.5%) |
| Renter Occupied HU | 4,391 (38.7%) |
| Vacant Housing Units | 771 ( 6.8%) |
| Median Home Value | $739,572 |
| Average Home Value | $786,437 |
Residential
10,462
Single Family
7,994
Multi-Family
2,468
Businesses
593
Date | Event | Price |
|---|---|---|
| 2025-01-16 | Listed for sale | $899,000 |
| 2015-12-23 | Sold | $534,850 |
| 2015-10-29 | Pending sale | $549,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $7969.44 | -1.11% | $310,080 | 5.13% |
| 2022-02-16 | $8059.09 | N/A | $294,960 | 11.36% |
| 2021-02-16 | N/A | N/A | $264,880 | 4.42% |



What's Special
Pull Down Stairs
Listed by: Elizabeth Pinder • Harry Norman Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10441723
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.