881 Memorial Dr SE UNIT 116AtlantaGA30316
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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 881 Memorial Dr SE UNIT 116, Atlanta, GA, 30316 earns from $2,051/mo rent with a $1,713/mo payment. Total monthly income totals $2,051/mo. ROI tracks 19.09% on current figures, and rental yield reads 7.03% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 98.32% and total cumulative return in cash sums $114,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,051/mo property income instead of your personal income.
Condo
Built in 1920
1,001 sqft lot
$N/A/sqft
No HOA
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
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