5826 N Castlegate DrAtlantaGA30349
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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 5826 N Castlegate Dr, Atlanta, GA, 30349 priced at $299,300 converts $1,774/mo rent into after a $1,465/mo obligation. Total monthly income equals $1,774/mo. Return on cash invested prints 17.44% in year one, and rental yield reads 7.11% against a $299,300 entry. Equity gained on principal adds $1,931/yr, while 5% annual appreciation compiles into $82,691 by year five. Five-year ROI reaches 90.21% and total cumulative return in cash sums $89,504. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,774/mo property income covering a $1,465/mo payment, not borrower’s personal income.
Multi Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30349, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,822 (100%) |
| Owner Occupied HU | 18,162 (52.2%) |
| Renter Occupied HU | 14,301 (41.1%) |
| Vacant Housing Units | 2,359 ( 6.8%) |
| Median Home Value | $294,392 |
| Average Home Value | $354,094 |
Housing Distribution
Address Breakdown
Residential
33,665
Single Family
27,302
Multi-Family
6,363
Businesses
1,816
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