2942 Delmar Ln NWAtlantaGA30311
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2942 Delmar Ln NW, Atlanta, GA, 30311 in Atlanta. Priced at $138,000, it generates $3,341/mo in gross rent and $2,501/mo in net monthly cash flow, a 29.05% yield that comfortably supports the 5.38 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $30,011. Five-year appreciation: $38,127. Equity from principal paydown: $1,271/yr. Total projected cumulative return: $213,208.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 29.1% | 4.8% |
| Monthly Cash Flow | $2,501 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,341 |
| Total Monthly Debt Service | $785 |
| DSCR Ratio | 4.26x |
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 1950
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30311, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,923 (100%) |
| Owner Occupied HU | 5,850 (36.7%) |
| Renter Occupied HU | 8,318 (52.2%) |
| Vacant Housing Units | 1,755 (11.0%) |
| Median Home Value | $330,055 |
| Average Home Value | $371,302 |
Housing Distribution
Address Breakdown
Residential
14,920
Single Family
11,842
Multi-Family
3,078
Businesses
776
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 1950
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30311, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,923 (100%) |
| Owner Occupied HU | 5,850 (36.7%) |
| Renter Occupied HU | 8,318 (52.2%) |
| Vacant Housing Units | 1,755 (11.0%) |
| Median Home Value | $330,055 |
| Average Home Value | $371,302 |
Housing Distribution
Address Breakdown
Residential
14,920
Single Family
11,842
Multi-Family
3,078
Businesses
776
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices