253 Lamon Ave SEAtlantaGA30316
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
Investment Highlights
Investment property for sale in Atlanta at 253 Lamon Ave SE, Atlanta, GA, 30316 with 5% annual appreciation on a $859,999 basis while $2,449/mo rent supports operations. 25% in year one. Equity gained on principal adds $5,549/yr, and five-year appreciation sums $237,602 alongside rental yield of 3.42%. Five-year ROI measures 40.15% and total cumulative return in cash totals $113,609. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,449/mo property income versus a $4,209/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30316, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,156 (100%) |
| Owner Occupied HU | 10,017 (52.3%) |
| Renter Occupied HU | 6,971 (36.4%) |
| Vacant Housing Units | 2,168 (11.3%) |
| Median Home Value | $465,902 |
| Average Home Value | $520,856 |
Housing Distribution
Address Breakdown
Residential
18,086
Single Family
14,647
Multi-Family
3,439
Businesses
1,057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices