1029 Piedmont Ave NE APT 203AtlantaGA30309
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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 1029 Piedmont Ave NE APT 203, Atlanta, GA, 30309 earns $887/mo cash flow from $2,622/mo rent with a $1,395/mo payment. Total monthly income totals $2,622/mo, and annual cash flow totals $10,648/yr on $94,478 capital. ROI tracks 31.18% on current figures, and rental yield reads 11.04% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 163.18% and total cumulative return in cash sums $154,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,622/mo property income instead of your personal income.
Condo
Built in 2001
906.05 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,321 (100%) |
| Owner Occupied HU | 8,399 (31.9%) |
| Renter Occupied HU | 13,608 (51.7%) |
| Vacant Housing Units | 4,314 (16.4%) |
| Median Home Value | $602,425 |
| Average Home Value | $774,843 |
Housing Distribution
Address Breakdown
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
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