4850 Ivy Ridge Dr SE UNIT 304AtlantaGA30339
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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 4850 Ivy Ridge Dr SE UNIT 304, Atlanta, GA, 30339 generates $2,942/mo in rent and, after a $2,080/mo payment, leaves $356/mo in cash flow. Total monthly income is $2,942/mo, and annual cash flow is $4,268/yr on $140,854 invested. Return on cash invested sits at 22.94% in year one, and rental yield is 8.31% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 118.96% and total cumulative return in cash sums $167,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,942/mo property income rather than buyer’s personal income.
Condo
Built in 2004
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30339, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,801 (100%) |
| Owner Occupied HU | 5,869 (26.9%) |
| Renter Occupied HU | 13,492 (61.9%) |
| Vacant Housing Units | 2,440 (11.2%) |
| Median Home Value | $568,603 |
| Average Home Value | $704,549 |
Housing Distribution
Address Breakdown
Residential
20,059
Single Family
5,065
Multi-Family
14,994
Businesses
2,458
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