Best-Priced Opportunity in Old Fourth Ward — Now Offered at $275,000 + $5,000 in Closing Costs Welcome to 384 Ralph McGill Blvd NE, Unit 322 — a strategic price repositioning that places this residence as one of the most compelling values in one of Old Fourth Ward’s most walkable and connected locations. With immediate access to Ponce City Market, Krog Street Market, and the Atlanta BeltLine, this is more than a home — it’s a lifestyle positioned at the center of Atlanta’s energy, growth, and long-term value. Now aggressively priced at $275,000, this offering creates a rare entry point into a high-demand corridor, further strengthened by a $5,000 seller-paid closing cost incentive, providing immediate financial leverage for today’s buyer. Inside, the residence delivers a clean, modern, and move-in-ready experience. Recent upgrades to the kitchen — including a newly added island, updated countertops, and modern appliances — enhance both functionality and everyday living. The open-concept layout is elevated by 9-foot ceilings, 8-foot doors, crown molding, and recessed lighting, creating a refined yet comfortable environment. The standout feature — and a true differentiator in this community — is the private, courtyard-facing patio with direct access to the pool, fitness terrace, and clubhouse. This seamless indoor-outdoor connection is rarely available and adds a level of convenience and lifestyle flexibility that is difficult to replicate. Additional highlights include: • Spacious bedroom with walk-in closet and Elfa organization system • Updated bathroom with modern finishes • In-unit laundry (full-size stackable capability) • Secured, reserved garage parking steps from the elevator Residents enjoy a full-service, secured building with amenities including concierge, resort-style pool, fitness center, clubhouse, business center, and dog park. The HOA structure further enhances value, covering water, gas, trash, sewer, cable, and internet, leaving electricity as the only separate utility — a major advantage for predictable monthly ownership. This is a precision repositioning designed to attract immediate attention, create urgency, and convert activity into offers. Opportunities at this price point, in this location, with these features, are limited. Schedule your private tour today or visit us this weekend — experience firsthand why this is one of the strongest values currently available in the market. Let’s Elevate You Into Elevated Living.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
