488 McWilliams Ave SEAtlantaGA30316
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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 488 McWilliams Ave SE, Atlanta, GA, 30316 priced at $565,000 converts $2,677/mo rent into after a $2,765/mo obligation. Total monthly income equals $2,677/mo. Return on cash invested prints 15.15% in year one, and rental yield reads 5.69% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 77.13% and total cumulative return in cash sums $143,379. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,677/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30316, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,156 (100%) |
| Owner Occupied HU | 10,017 (52.3%) |
| Renter Occupied HU | 6,971 (36.4%) |
| Vacant Housing Units | 2,168 (11.3%) |
| Median Home Value | $465,902 |
| Average Home Value | $520,856 |
Housing Distribution
Address Breakdown
Residential
18,086
Single Family
14,647
Multi-Family
3,439
Businesses
1,057
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