6601 Park Ave NEAtlantaGA30342
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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 6601 Park Ave NE, Atlanta, GA, 30342 generates $3,108/mo in rent and, after a $1,202/mo payment, leaves $1,123/mo in cash flow. Total monthly income is $3,108/mo, and annual cash flow is $13,481/yr on $81,383 invested. Return on cash invested sits at 36.47% in year one, and rental yield is 15.19% on a $245,500 entry. Equity gained on principal adds $1,584/yr, while 5% annual appreciation builds toward $67,827 over five years. Five-year ROI reaches 194.19% and total cumulative return in cash sums $158,041. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,108/mo property income rather than buyer’s personal income.
Townhouse
Built in 1970
1,485 sqft lot
$N/A/sqft
$490 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30342, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 7,269 (48.8%) |
| Renter Occupied HU | 6,935 (46.5%) |
| Vacant Housing Units | 699 ( 4.7%) |
| Median Home Value | $900,474 |
| Average Home Value | $1,039,460 |
Housing Distribution
Address Breakdown
Residential
14,763
Single Family
8,650
Multi-Family
6,113
Businesses
1,714
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