702 E Main StAtlantaTX75551
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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 702 E Main St, Atlanta, TX, 75551 offers $2,819/mo rent that, after a $1,806/mo payment, leaves $195/mo cash flow. Total monthly income is $2,819/mo, and annual cash flow is $2,341/yr on $122,324 cash. Return on cash invested measures 21.82% in year one, and rental yield stands at 9.17% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 114.35% and total cumulative return in cash reaches $139,875. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,819/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75551, Atlanta, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,784 (100%) |
| Owner Occupied HU | 3,120 (65.2%) |
| Renter Occupied HU | 1,024 (21.4%) |
| Vacant Housing Units | 640 (13.4%) |
| Median Home Value | $168,724 |
| Average Home Value | $216,444 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,300
Multi-Family
86
Businesses
390
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