2940 Grand Ave SWAtlantaGA30315
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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 2940 Grand Ave SW, Atlanta, GA, 30315 at $215,000 posts ROI 29% with $540/mo cash flow from $1,871/mo rent. Total monthly income equals $1,871/mo, and annual cash flow records $6,480/yr on $71,273 to close. Return on cash invested measures 29% and rental yield reads 10.44% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 151.65% and total cumulative return in cash totals $108,085.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,871/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
9,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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Listed by: Michelle Dillon • Aramis Realty, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7561026
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