85 E Lake Dr NEAtlantaGA30340
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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 85 E Lake Dr NE, Atlanta, GA, 30340 priced at $875,000 pairs $2,706/mo rent with after a $4,283/mo payment. Total monthly income equals $2,706/mo. Return on cash invested is 9.14% in year one, and rental yield stands at 3.71% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 44.93% and total cumulative return in cash reaches $129,347. For financing, Ziffy Mortgage’s DSCR program evaluates $2,706/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30340, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,980 (100%) |
| Owner Occupied HU | 4,628 (38.6%) |
| Renter Occupied HU | 6,678 (55.7%) |
| Vacant Housing Units | 674 ( 5.6%) |
| Median Home Value | $369,526 |
| Average Home Value | $387,886 |
Housing Distribution
Address Breakdown
Residential
11,471
Single Family
7,962
Multi-Family
3,509
Businesses
1,948
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