804 Lenox Way NEAtlantaGA30324
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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
Rental property for sale in Atlanta at 804 Lenox Way NE, Atlanta, GA, 30324 priced at $225,000 pairs $1,515/mo rent with $146/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,515/mo, and annual cash flow comes to $1,750/yr on $74,588 invested. Return on cash invested is 22.26% in year one, and rental yield stands at 8.08% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 115.29% and total cumulative return in cash reaches $85,989. For financing, Ziffy Mortgage’s DSCR program evaluates $1,515/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
1,341 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
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