673 Lyric Way NWAtlantaGA30318
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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 673 Lyric Way NW, Atlanta, GA, 30318 offers $1,506/mo rent that, after a $930/mo payment, leaves $350/mo cash flow. Total monthly income is $1,506/mo, and annual cash flow is $4,195/yr on $62,985 cash. Return on cash invested measures 26.57% in year one, and rental yield stands at 9.51% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 138.45% and total cumulative return in cash reaches $87,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,506/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.26 Acres 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
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