2587 Red Alder AlyDoravilleGA30360
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2587 Red Alder Aly, Doraville, GA, 30360 in Doraville is narrow, $109/mo net on $4,432/mo rent after the $2,738/mo debt service, but the property operates at break-even-plus, not a loss. At $609,000 with a 8.73% yield, the long-run equity case via 5% appreciation ($168,255 over five years) and $5,609/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.62 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $240,444.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $109 | $300 |
City averages based on Doraville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,432 |
| Total Monthly Debt Service | $4,080 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2021
784.08 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30360, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,163 (100%) |
| Owner Occupied HU | 3,032 (42.3%) |
| Renter Occupied HU | 3,757 (52.5%) |
| Vacant Housing Units | 374 ( 5.2%) |
| Median Home Value | $433,333 |
| Average Home Value | $467,183 |
Housing Distribution
Address Breakdown
Residential
6,828
Single Family
4,449
Multi-Family
2,379
Businesses
561
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
Townhouse
Built in 2021
784.08 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30360, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,163 (100%) |
| Owner Occupied HU | 3,032 (42.3%) |
| Renter Occupied HU | 3,757 (52.5%) |
| Vacant Housing Units | 374 ( 5.2%) |
| Median Home Value | $433,333 |
| Average Home Value | $467,183 |
Housing Distribution
Address Breakdown
Residential
6,828
Single Family
4,449
Multi-Family
2,379
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices