488 Plainville Dr SWAtlantaGA30331
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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 Plainville Dr SW, Atlanta, GA, 30331 priced at $230,000 converts $1,643/mo rent into $243/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,643/mo, and annual cash flow totals $2,915/yr on $76,245 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 8.57% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 123.21% and total cumulative return in cash sums $93,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,643/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30331, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,212 (100%) |
| Owner Occupied HU | 14,702 (52.1%) |
| Renter Occupied HU | 11,751 (41.7%) |
| Vacant Housing Units | 1,759 ( 6.2%) |
| Median Home Value | $328,675 |
| Average Home Value | $405,785 |
Housing Distribution
Address Breakdown
Residential
26,963
Single Family
21,014
Multi-Family
5,949
Businesses
1,033
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