898 Oak St SW UNIT 3318AtlantaGA30310
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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 3318, Atlanta, GA, 30310 uses $41,438 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $944/mo, and a $612/mo payment keeps the spread at $183/mo. Purchase price stands at $125,000, and rental yield measures 9.06% with $944/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 131.26% and total cumulative return in cash records $54,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1950
871.20 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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