816 Berne St #4AtlantaGA30316
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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 816 Berne St #4, Atlanta, GA, 30316 with 5% annual appreciation on a $859,000 basis while $2,520/mo rent supports operations. 4% in year one. Equity gained on principal adds $5,543/yr, and five-year appreciation sums $237,326 alongside rental yield of 3.52%. Five-year ROI measures 36% and total cumulative return in cash totals $101,727. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,520/mo property income versus a $4,204/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
1,089 sqft lot
$N/A/sqft
$3,300 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 30316, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,156 (100%) |
| Owner Occupied HU | 10,017 (52.3%) |
| Renter Occupied HU | 6,971 (36.4%) |
| Vacant Housing Units | 2,168 (11.3%) |
| Median Home Value | $465,902 |
| Average Home Value | $520,856 |
Housing Distribution
Address Breakdown
Residential
18,086
Single Family
14,647
Multi-Family
3,439
Businesses
1,057
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $859,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Townhouse
- Year Built: 2024
- Architectural Style: Contemporary
- Building Area: 0
- Living Area: N/A
- Property Condition: New Construction
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Hardwood
- Interior Features: Double Vanity, High Ceilings, Walk-In Closet(s)
- Exterior Features: Balcony
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: $3,300 annually
- Association Fee: $3,300 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Reserve Fund
Utilities
- Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Parkside
- Middle School: King
- High School: MH Jackson Jr
Listed by: Katherine Decker • HomeSmart
Mls Name: GAMLS
Mls Provider:
Mls ID: #10376691
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.