85 Meldon Ave SEAtlantaGA30315
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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 85 Meldon Ave SE, Atlanta, GA, 30315 earns $836/mo cash flow from $2,692/mo rent with a $1,493/mo payment. Total monthly income totals $2,692/mo, and annual cash flow totals $10,026/yr on $101,108 capital. ROI tracks 29.83% on current figures, and rental yield reads 10.59% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 155.9% and total cumulative return in cash sums $157,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,692/mo property income instead of your personal income.
Single Family
Built in 1920
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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