876 Parsons St SWAtlantaGA30314
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 876 Parsons St SW, Atlanta, GA, 30314 in Atlanta deserves attention. This $349,999 property earns $3,274/mo in rent, a 11.22% gross yield, and nets $1,064/mo after the $1,574/mo payment. DSCR 2.08 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $96,698 compounds alongside $3,224/yr in yearly equity build, for a total cumulative return of $201,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 4.8% |
| Monthly Cash Flow | $1,064 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,274 |
| Total Monthly Debt Service | $2,070 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30314, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,673 (100%) |
| Owner Occupied HU | 2,638 (27.3%) |
| Renter Occupied HU | 5,125 (53.0%) |
| Vacant Housing Units | 1,910 (19.7%) |
| Median Home Value | $271,417 |
| Average Home Value | $336,852 |
Housing Distribution
Address Breakdown
Residential
8,050
Single Family
6,901
Multi-Family
1,149
Businesses
450
Nearby investment properties with comparable rents
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
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30314, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,673 (100%) |
| Owner Occupied HU | 2,638 (27.3%) |
| Renter Occupied HU | 5,125 (53.0%) |
| Vacant Housing Units | 1,910 (19.7%) |
| Median Home Value | $271,417 |
| Average Home Value | $336,852 |
Housing Distribution
Address Breakdown
Residential
8,050
Single Family
6,901
Multi-Family
1,149
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices