988 McDaniel St SWAtlantaGA30310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Atlanta rental at 988 McDaniel St SW, Atlanta, GA, 30310 sits in the solid-income band: 8.44% gross yield, $2,989/mo rent, $403/mo net after the $1,872/mo debt service, DSCR 1.60. Entry price of $416,200 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $114,988 and $3,833/yr in principal reduction bring total cumulative return to $187,057.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 4.8% |
| Monthly Cash Flow | $403 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,989 |
| Total Monthly Debt Service | $2,367 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
2,574 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2023
2,574 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices