357 2nd Ave NEAtlantaGA30317
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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
Investment property for sale in Atlanta at 357 2nd Ave NE, Atlanta, GA, 30317 earns from $3,862/mo rent with a $5,506/mo payment. Total monthly income totals $3,862/mo. ROI tracks 10.54% on current figures, and rental yield reads 4.12% at a $1,124,900 purchase. Equity gained on principal adds $7,259/yr, and 5% annual appreciation supports $310,789 over five years. Five-year ROI reaches 52.39% and total cumulative return in cash sums $190,933. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,862/mo property income instead of your personal income.
Condo
Built in 2005
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30317, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 4,018 (54.2%) |
| Renter Occupied HU | 2,795 (37.7%) |
| Vacant Housing Units | 596 ( 8.0%) |
| Median Home Value | $541,692 |
| Average Home Value | $579,009 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,500
Multi-Family
1,125
Businesses
238
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