2694 Hedgewood Dr NWAtlantaGA30311
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
Rental property for sale in Atlanta at 2694 Hedgewood Dr NW, Atlanta, GA, 30311 priced at $241,000 converts $1,880/mo rent into $413/mo cash flow after a $1,180/mo obligation. Total monthly income equals $1,880/mo, and annual cash flow totals $4,954/yr on $79,892 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 9.36% against a $241,000 entry. Equity gained on principal adds $1,555/yr, while 5% annual appreciation compiles into $66,584 by year five. Five-year ROI reaches 135.95% and total cumulative return in cash sums $108,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,880/mo property income covering a $1,180/mo payment, not borrower’s personal income.
Single Family
Built in 1959
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30311, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,923 (100%) |
| Owner Occupied HU | 5,850 (36.7%) |
| Renter Occupied HU | 8,318 (52.2%) |
| Vacant Housing Units | 1,755 (11.0%) |
| Median Home Value | $330,055 |
| Average Home Value | $371,302 |
Housing Distribution
Address Breakdown
Residential
14,920
Single Family
11,842
Multi-Family
3,078
Businesses
776
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Listed by: Mark Spain • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7501442
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