5960 Morgan RdDoravilleGA30340
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder5960 Morgan Rd, Doraville, GA, 30340 in Doraville earns a respectable 7.95% gross yield at $257,000, but after the $1,156/mo mortgage the net cash flow is $139/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.47) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $71,004 over five years, making equity the dominant return driver. Total projected return: $106,256.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $139 | $300 |
City averages based on Doraville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,703 |
| Total Monthly Debt Service | $1,462 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
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
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices