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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 2907 Chilhowee Dr #3, Atlanta, GA, 30331 generates $2,410/mo in rent and, after a $1,791/mo payment, leaves $183/mo in cash flow. Total monthly income is $2,410/mo, and annual cash flow is $2,196/yr on $121,296 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 7.9% on a $365,900 entry. Equity gained on principal adds $2,361/yr, while 5% annual appreciation builds toward $101,091 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $136,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
9,757 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30331, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,212 (100%) |
| Owner Occupied HU | 14,702 (52.1%) |
| Renter Occupied HU | 11,751 (41.7%) |
| Vacant Housing Units | 1,759 ( 6.2%) |
| Median Home Value | $328,675 |
| Average Home Value | $405,785 |
Residential
26,963
Single Family
21,014
Multi-Family
5,949
Businesses
1,033
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $365,900 |
| 2025-02-01 | Price change | $375,000 |
| 2025-01-03 | Listed for sale | $385,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Raquel Gates • Boardwalk Realty Associates
Mls Name: GAMLS
Mls Provider:
Mls ID: #10433698
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
