5863 Three Lakes 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
Investment property for sale in Atlanta at 5863 Three Lakes Dr, Atlanta, GA, 30349 uses $96,135 cash to close to unlock $7,277/yr annual cash flow and $606/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $1,419/mo payment keeps the spread at $606/mo. Purchase price stands at $290,000, and rental yield measures 9.81% with $2,371/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 143.33% and total cumulative return in cash records $137,788. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5,009 sqft 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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