360 8th St NEAtlantaGA30309
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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 360 8th St NE, Atlanta, GA, 30309 offers a 5.6% rental yield on a $1,365,000 purchase with $6,373/mo rent. 12% in year one. Equity gained on principal adds $8,808/yr while 5% annual appreciation supports $377,124 over five years. Portfolio math shows five-year ROI at 76.93% and total cumulative return in cash at $340,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,373/mo property income against a $6,681/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,321 (100%) |
| Owner Occupied HU | 8,399 (31.9%) |
| Renter Occupied HU | 13,608 (51.7%) |
| Vacant Housing Units | 4,314 (16.4%) |
| Median Home Value | $602,425 |
| Average Home Value | $774,843 |
Housing Distribution
Address Breakdown
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
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