708 Ellington 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
Investment property for sale in Atlanta at 708 Ellington St, Atlanta, TX, 75551 uses $46,377 cash to close to unlock $1,103/yr annual cash flow and $92/mo monthly cash flow. Total monthly income runs $1,087/mo, and a $685/mo payment keeps the spread at $92/mo. Purchase price stands at $139,900, and rental yield measures 9.32% with $1,087/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 116.78% and total cumulative return in cash records $54,159. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,087/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.34 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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