384 Ralph McGill Blvd NE UNIT 222AtlantaGA30312
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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 384 Ralph McGill Blvd NE UNIT 222, Atlanta, GA, 30312 uses $94,478 cash to close to unlock $8,836/yr annual cash flow and $736/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,395/mo payment keeps the spread at $736/mo. Purchase price stands at $285,000, and rental yield measures 10.4% with $2,471/mo rent. Return on cash invested shows 29.26% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 152.89% and total cumulative return in cash records $144,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,014 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30312, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,811 (100%) |
| Owner Occupied HU | 4,639 (27.6%) |
| Renter Occupied HU | 10,841 (64.5%) |
| Vacant Housing Units | 1,331 ( 7.9%) |
| Median Home Value | $557,747 |
| Average Home Value | $592,268 |
Housing Distribution
Address Breakdown
Residential
16,523
Single Family
7,935
Multi-Family
8,588
Businesses
714
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