








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


Rental property for sale in Atlanta at 249 Josephine St NE, Atlanta, GA, 30307 priced at $899,000 converts $7,177/mo rent into $1,706/mo cash flow after a $4,400/mo obligation. Total monthly income equals $7,177/mo, and annual cash flow totals $20,468/yr on $295,771 invested. Return on cash invested prints 26.98% in year one, and rental yield reads 9.58% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 140.59% and total cumulative return in cash sums $415,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,177/mo property income covering a $4,400/mo payment, not borrower’s personal income.
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 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Pull Down Stairs
Listed by: Elizabeth Kay Pinder • Harry Norman Realtors
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7510350
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