3244 Lions Ruby LnAtlantaGA30349
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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 3244 Lions Ruby Ln, Atlanta, GA, 30349 priced at $598,848 converts $1,979/mo rent into after a $2,931/mo obligation. Total monthly income equals $1,979/mo. Return on cash invested prints 9.51% in year one, and rental yield reads 3.97% against a $598,848 entry. Equity gained on principal adds $3,864/yr, while 5% annual appreciation compiles into $165,451 by year five. Five-year ROI reaches 47.05% and total cumulative return in cash sums $92,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $2,931/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.15 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30349, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,822 (100%) |
| Owner Occupied HU | 18,162 (52.2%) |
| Renter Occupied HU | 14,301 (41.1%) |
| Vacant Housing Units | 2,359 ( 6.8%) |
| Median Home Value | $294,392 |
| Average Home Value | $354,094 |
Housing Distribution
Address Breakdown
Residential
33,665
Single Family
27,302
Multi-Family
6,363
Businesses
1,816
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Listed by: TAMRA WADE • RE/MAX Tru
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7555305
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