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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 75 Meldon Ave SE, Atlanta, GA, 30315 uses $74,588 cash to close to unlock $5,613/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $1,101/mo payment keeps the spread at $468/mo. Purchase price stands at $225,000, and rental yield measures 10.83% with $2,030/mo rent. Return on cash invested shows 27.43% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 144.2% and total cumulative return in cash records $107,553. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $225,000 |
| 2024-12-13 | Listing removed | $1,700 |
| 2024-11-26 | Price change | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $4185.70 | 955.61% | $102,240 | -1.92% |
| 2023-04-25 | $396.52 | -65.68% | $104,240 | 37.16% |
| 2022-04-25 | $1155.51 | 47.51% | $76,000 | 35.81% |
Listed by: Emily Hanley Homes • Bolst, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7567167
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