2986 Springdale Rd 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
Rental property for sale in Atlanta at 2986 Springdale Rd SW, Atlanta, GA, 30315 generates $1,649/mo in rent and, after a $623/mo payment, leaves $789/mo in cash flow. Total monthly income is $1,649/mo, and annual cash flow is $9,465/yr on $42,167 invested. Return on cash invested sits at 42.36% in year one, and rental yield is 15.56% on a $127,200 entry. Equity gained on principal adds $821/yr, while 5% annual appreciation builds toward $35,143 over five years. Five-year ROI reaches 223.97% and total cumulative return in cash sums $94,440. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,649/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1945
0.80 Acres 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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