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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 2875 Garnet Way, Atlanta, GA, 30349 offers $2,209/mo rent that, after a $1,069/mo payment, leaves $880/mo cash flow. Total monthly income is $2,209/mo, and annual cash flow is $10,555/yr on $72,433 cash. Return on cash invested measures 34.48% in year one, and rental yield stands at 12.13% at a $218,500 entry. Equity gained on principal adds $1,410/yr while 5% annual appreciation compounds into $60,368 by year five. Five-year ROI records 180.86% and total cumulative return in cash reaches $131,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,209/mo property income versus a $1,069/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30349, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,822 (100%) |
| Owner Occupied HU | 18,162 (52.2%) |
| Renter Occupied HU | 14,301 (41.1%) |
| Vacant Housing Units | 2,359 ( 6.8%) |
| Median Home Value | $294,392 |
| Average Home Value | $354,094 |
Residential
33,665
Single Family
27,302
Multi-Family
6,363
Businesses
1,816
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Pending sale | $218,500 |
| 2024-10-12 | Price change | $218,500 |
| 2024-09-28 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-16 | N/A | N/A | $88,520 | 27.62% |
| 2022-11-16 | N/A | N/A | $69,360 | 24.21% |
| 2021-11-16 | N/A | N/A | $55,840 | 1.23% |
Listed by: Crystal Owens • Pro Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7460995
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