2851 Thornridge DrAtlantaGA30340
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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
Investment Highlights
Investment property for sale in Atlanta at 2851 Thornridge Dr, Atlanta, GA, 30340 uses $155,772 cash to close to unlock $1,872/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $3,016/mo, and a $2,300/mo payment keeps the spread at $156/mo. Purchase price stands at $469,900, and rental yield measures 7.7% with $3,016/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 109.18% and total cumulative return in cash records $170,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,016/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
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