625 Elmwood Dr NEAtlantaGA30306
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
Investment property for sale in Atlanta at 625 Elmwood Dr NE, Atlanta, GA, 30306 listed at $1,569,000 pairs $8,616/mo rent with a $7,679/mo payment. Total monthly income runs $8,616/mo. Return on cash invested measures 18.08% in year one, and rental yield registers 6.59% at a $1,569,000 basis. Equity gained on principal adds $10,125/yr, and annual property appreciation at 5% supports $433,486 by year five. Five-year ROI tracks 92.81% and total cumulative return in cash totals $471,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,616/mo property income relative to a $7,679/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
10,236 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30306, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,791 (100%) |
| Owner Occupied HU | 6,947 (54.3%) |
| Renter Occupied HU | 5,118 (40.0%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $851,880 |
| Average Home Value | $914,740 |
Housing Distribution
Address Breakdown
Residential
12,342
Single Family
9,298
Multi-Family
3,044
Businesses
494
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Listed by: Ken Covers • Engel & V?lkers Atlanta
Mls Name: GAMLS
Mls Provider:
Mls ID: #10360265
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.