387 S Howard St SEAtlantaGA30317
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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 387 S Howard St SE, Atlanta, GA, 30317 offers $7,050/mo rent that, after a $4,405/mo payment, leaves $1,573/mo cash flow. Total monthly income is $7,050/mo, and annual cash flow is $18,871/yr on $296,067 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 9.4% at a $899,900 entry. Equity gained on principal adds $5,807/yr while 5% annual appreciation compounds into $248,626 by year five. Five-year ROI records 137.66% and total cumulative return in cash reaches $407,572. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,050/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 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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