898 Oak St SW UNIT 1402AtlantaGA30310
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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 898 Oak St SW UNIT 1402, Atlanta, GA, 30310 uses $66,300 cash to close to unlock $6,992/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $979/mo payment keeps the spread at $583/mo. Purchase price stands at $200,000, and rental yield measures 10.8% with $1,800/mo rent. Return on cash invested shows 30.46% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 159.29% and total cumulative return in cash records $105,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30310, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,513 (100%) |
| Owner Occupied HU | 5,776 (39.8%) |
| Renter Occupied HU | 7,110 (49.0%) |
| Vacant Housing Units | 1,627 (11.2%) |
| Median Home Value | $361,551 |
| Average Home Value | $443,418 |
Housing Distribution
Address Breakdown
Residential
13,011
Single Family
11,230
Multi-Family
1,781
Businesses
1,105
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