3503 Devon Chase RdAtlantaGA30349
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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 3503 Devon Chase Rd, Atlanta, GA, 30349 generates $2,418/mo in rent and, after a $1,297/mo payment, leaves $759/mo in cash flow. Total monthly income is $2,418/mo, and annual cash flow is $9,113/yr on $87,848 invested. Return on cash invested sits at 30.28% in year one, and rental yield is 10.95% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 158.6% and total cumulative return in cash sums $139,323. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,418/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
5,488 sqft lot
$N/A/sqft
$550 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: TEYUNA CHANDLER • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7616417
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