578 East Ave NEAtlantaGA30312
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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 578 East Ave NE, Atlanta, GA, 30312 generates $1,930/mo in rent, after a $8,810/mo payment. Total monthly income is $1,930/mo. Return on cash invested sits at 1.8% in year one, and rental yield is 1.29% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 5.49% and total cumulative return in cash sums $32,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,930/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
7,501 sqft lot
$N/A/sqft
No 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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