942 Spencer AveAtlantaGA30318
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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 942 Spencer Ave, Atlanta, GA, 30318 listed at $475,000 pairs $3,288/mo rent with a $2,325/mo payment to leave $397/mo cash flow. Total monthly income runs $3,288/mo, and annual cash flow reaches $4,764/yr on $157,463 cash to close. Return on cash invested measures 22.93% in year one, and rental yield registers 8.31% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 118.91% and total cumulative return in cash totals $187,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,288/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2021
827.64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30318, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,313 (100%) |
| Owner Occupied HU | 11,691 (32.2%) |
| Renter Occupied HU | 19,596 (54.0%) |
| Vacant Housing Units | 5,026 (13.8%) |
| Median Home Value | $455,507 |
| Average Home Value | $528,757 |
Housing Distribution
Address Breakdown
Residential
33,173
Single Family
22,672
Multi-Family
10,501
Businesses
2,478
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