2704 Gresham Rd SEAtlantaGA30316
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2704 Gresham Rd SE, Atlanta, GA, 30316 in Atlanta: $1,952/mo in rent, $710/mo net, 12.5% gross yield, all on a $187,400 acquisition. The 2.32 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $51,775 in value, and $1,726/yr in principal paydown steadily builds equity. Projected total cumulative return: $117,121.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 4.8% |
| Monthly Cash Flow | $710 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,952 |
| Total Monthly Debt Service | $1,167 |
| DSCR Ratio | 1.67x |
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.
Single Family
Built in 1954
0.40 Acres 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
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
Single Family
Built in 1954
0.40 Acres 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