7044 Elmwood Ridge CtDoravilleGA30340
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 7044 Elmwood Ridge Ct, Doraville, GA, 30340 in Doraville earns a 8.86% gross yield at $427,900. Rent of $3,161/mo nets $557/mo after the $1,924/mo mortgage. The 1.64 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $118,221 and $3,941/yr in equity accumulation project a total cumulative return of $197,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.0% |
| Monthly Cash Flow | $557 | $300 |
City averages based on Doraville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,161 |
| Total Monthly Debt Service | $2,434 |
| DSCR Ratio | 1.30x |
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.
Townhouse
Built in 2017
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
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
Townhouse
Built in 2017
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices