3020 Parkridge DrAtlantaGA30319
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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 3020 Parkridge Dr, Atlanta, GA, 30319 generates $4,901/mo in rent and, after a $3,628/mo payment, leaves $349/mo in cash flow. Total monthly income is $4,901/mo, and annual cash flow is $4,186/yr on $243,888 invested. Return on cash invested sits at 21.78% in year one, and rental yield is 7.93% on a $741,300 entry. Equity gained on principal adds $4,783/yr, while 5% annual appreciation builds toward $204,808 over five years. Five-year ROI reaches 112.76% and total cumulative return in cash sums $275,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,901/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30319, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,847 (100%) |
| Owner Occupied HU | 11,337 (49.6%) |
| Renter Occupied HU | 9,835 (43.0%) |
| Vacant Housing Units | 1,675 ( 7.3%) |
| Median Home Value | $711,237 |
| Average Home Value | $804,216 |
Housing Distribution
Address Breakdown
Residential
21,002
Single Family
12,489
Multi-Family
8,513
Businesses
510
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