662 S Grand Ave NWAtlantaGA30318
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 662 S Grand Ave NW, Atlanta, GA, 30318 in Atlanta deserves attention. This $599,500 property earns $5,796/mo in rent, a 11.6% gross yield, and nets $2,147/mo after the $2,696/mo payment. DSCR 2.15 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $165,631 compounds alongside $5,521/yr in yearly equity build, for a total cumulative return of $365,232.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 4.8% |
| Monthly Cash Flow | $2,147 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,796 |
| Total Monthly Debt Service | $3,410 |
| DSCR Ratio | 1.70x |
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 2025
7,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30318, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,313 (100%) |
| Owner Occupied HU | 11,691 (32.2%) |
| Renter Occupied HU | 19,596 (54.0%) |
| Vacant Housing Units | 5,026 (13.8%) |
| Median Home Value | $455,507 |
| Average Home Value | $528,757 |
Housing Distribution
Address Breakdown
Residential
33,173
Single Family
22,672
Multi-Family
10,501
Businesses
2,478
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 2025
7,949 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30318, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,313 (100%) |
| Owner Occupied HU | 11,691 (32.2%) |
| Renter Occupied HU | 19,596 (54.0%) |
| Vacant Housing Units | 5,026 (13.8%) |
| Median Home Value | $455,507 |
| Average Home Value | $528,757 |
Housing Distribution
Address Breakdown
Residential
33,173
Single Family
22,672
Multi-Family
10,501
Businesses
2,478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices