985 Farrington Pl SEAtlantaGA30315
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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
Rental property for sale in Atlanta at 985 Farrington Pl SE, Atlanta, GA, 30315 priced at $225,000 pairs $1,602/mo rent with $233/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,602/mo, and annual cash flow comes to $2,794/yr on $74,588 invested. Return on cash invested is 23.66% in year one, and rental yield stands at 8.54% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 122.78% and total cumulative return in cash reaches $91,581. For financing, Ziffy Mortgage’s DSCR program evaluates $1,602/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
4,835 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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