373 Moreland Ave NE APT 108AtlantaGA30307
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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 373 Moreland Ave NE APT 108, Atlanta, GA, 30307 generates $1,766/mo in rent and, after a $1,094/mo payment, leaves $406/mo in cash flow. Total monthly income is $1,766/mo, and annual cash flow is $4,868/yr on $74,090 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.48% on a $223,500 entry. Equity gained on principal adds $1,442/yr, while 5% annual appreciation builds toward $61,749 over five years. Five-year ROI reaches 137.97% and total cumulative return in cash sums $102,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,766/mo property income rather than buyer’s personal income.
Condo
Built in 1919
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30307, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,341 (100%) |
| Owner Occupied HU | 6,179 (54.5%) |
| Renter Occupied HU | 4,391 (38.7%) |
| Vacant Housing Units | 771 ( 6.8%) |
| Median Home Value | $739,572 |
| Average Home Value | $786,437 |
Housing Distribution
Address Breakdown
Residential
10,462
Single Family
7,994
Multi-Family
2,468
Businesses
593
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