761 Houston Mill Rd NE APT 6AtlantaGA30329
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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
Investment Highlights
Rental property for sale in Atlanta at 761 Houston Mill Rd NE APT 6, Atlanta, GA, 30329 offers $1,835/mo rent that, after a $1,077/mo payment, leaves $65/mo cash flow. Total monthly income is $1,835/mo, and annual cash flow is $786/yr on $72,930 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 10.01% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 111.08% and total cumulative return in cash reaches $81,011. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,835/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
$3,655 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30329, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 3,559 (25.2%) |
| Renter Occupied HU | 9,243 (65.3%) |
| Vacant Housing Units | 1,347 ( 9.5%) |
| Median Home Value | $511,335 |
| Average Home Value | $567,006 |
Housing Distribution
Address Breakdown
Residential
14,567
Single Family
8,060
Multi-Family
6,507
Businesses
952
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Nearby investment properties with comparable prices
Listed by: Robin Schmitz • Atlanta Communities
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7478682
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