389 Ralph McGill Blvd NE #EAtlantaGA30312
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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 389 Ralph McGill Blvd NE #E, Atlanta, GA, 30312 with 5% annual appreciation on a $239,800 basis while $2,509/mo rent supports operations. Total monthly income totals $2,509/mo and a $1,174/mo payment preserves $460/mo for cash returns. Annual cash flow comes to $5,526/yr on $79,494 deployed, and return on cash invested reaches 26.86% in year one. Equity gained on principal adds $1,547/yr, and five-year appreciation sums $66,252 alongside rental yield of 12.56%. Five-year ROI measures 143.24% and total cumulative return in cash totals $113,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,509/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1980
1,123 sqft lot
$N/A/sqft
$562 monthly 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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