6116 Ripple Way #47AtlantaGA30349
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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 6116 Ripple Way #47, Atlanta, GA, 30349 offers a 11.08% rental yield on a $284,788 purchase with $2,630/mo rent. Total monthly income registers $2,630/mo, and a $1,394/mo payment leaves $847/mo available for distribution. Annual cash flow reaches $10,160/yr on $94,407 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,682 over five years. Portfolio math shows five-year ROI at 160.65% and total cumulative return in cash at $151,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,630/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$50 monthly 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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Listed by: Carla Henry • PBG Built Realty, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7413123
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