253 Lamon Ave SE, Atlanta, GA, 30316 | 3.42% Rental Yield

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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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

More details about the property

Built in 2022, this modern 4-bedroom, 3-bathroom home offers a perfect blend of contemporary design and reliable investment potential. The property is currently leased to dependable tenants through 2025 at $4,800 per month, providing immediate and steady rental income for the new owner. Inside, the home features an open-concept layout with spacious living areas, a stylish kitchen equipped with stainless steel appliances and quartz countertops, and high-quality finishes throughout. The primary suite includes a private bathroom and a generous walk-in closet, offering comfort and convenience. Outside, a fully fenced backyard provides privacy and a great space for outdoor living or entertaining. With its newer construction, energy-efficient systems, and desirable location, this property is an ideal turnkey investment opportunityperfect for investors or buyers seeking a low-maintenance home with income already in place.

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