589 Whitaker St NWAtlantaGA30318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 589 Whitaker St NW, Atlanta, GA, 30318 offers $3,440/mo rent that, after a $1,738/mo payment, leaves $1,279/mo cash flow. Total monthly income is $3,440/mo, and annual cash flow is $15,348/yr on $117,683 cash. Return on cash invested measures 32.95% in year one, and rental yield stands at 11.63% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 172.62% and total cumulative return in cash reaches $203,148. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,440/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,403 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30318, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,313 (100%) |
| Owner Occupied HU | 11,691 (32.2%) |
| Renter Occupied HU | 19,596 (54.0%) |
| Vacant Housing Units | 5,026 (13.8%) |
| Median Home Value | $455,507 |
| Average Home Value | $528,757 |
Housing Distribution
Address Breakdown
Residential
33,173
Single Family
22,672
Multi-Family
10,501
Businesses
2,478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices