644 Wells St SW UNIT 16AtlantaGA30310
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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
Rental property for sale in Atlanta at 644 Wells St SW UNIT 16, Atlanta, GA, 30310 generates $2,786/mo in rent and, after a $1,738/mo payment, leaves $625/mo in cash flow. Total monthly income is $2,786/mo, and annual cash flow is $7,500/yr on $117,683 invested. Return on cash invested sits at 26.28% in year one, and rental yield is 9.42% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 136.87% and total cumulative return in cash sums $161,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Condo
Built in 1901
1,873 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30310, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,513 (100%) |
| Owner Occupied HU | 5,776 (39.8%) |
| Renter Occupied HU | 7,110 (49.0%) |
| Vacant Housing Units | 1,627 (11.2%) |
| Median Home Value | $361,551 |
| Average Home Value | $443,418 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
11,230
Multi-Family
1,781
Businesses
1,105
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