








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Atlanta at 7178 Glaspie Way, Atlanta, GA, 30349 listed at $375,000 pairs $2,645/mo rent with a $1,835/mo payment to leave $317/mo cash flow. Total monthly income runs $2,645/mo, and annual cash flow reaches $3,807/yr on $124,313 cash to close. Return on cash invested measures 22.97% in year one, and rental yield registers 8.46% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 119.31% and total cumulative return in cash totals $148,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,645/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
10,084 sqft lot
$N/A/sqft
$550 annually HOA
Neighborhood data shown for ZIP Code: 30349, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,822 (100%) |
| Owner Occupied HU | 18,162 (52.2%) |
| Renter Occupied HU | 14,301 (41.1%) |
| Vacant Housing Units | 2,359 ( 6.8%) |
| Median Home Value | $294,392 |
| Average Home Value | $354,094 |
Residential
33,665
Single Family
27,302
Multi-Family
6,363
Businesses
1,816
Date | Event | Price |
|---|---|---|
| 2025-06-16 | Listed for sale | $375,000 |
| 2006-08-24 | Sold | $216,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $1974.27 | 63.10% | $149,520 | 3.20% |
| 2023-06-17 | $1210.46 | -31.67% | $144,880 | 57.82% |
| 2022-06-17 | $1771.38 | 2.94% | $91,800 | 6.10% |



Listed by: Phillip Henderson • HomeSmart
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7598509
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