1109 Morningside Pl NEAtlantaGA30306
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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 1109 Morningside Pl NE, Atlanta, GA, 30306 earns $592/mo cash flow from $4,238/mo rent with a $2,932/mo payment. Total monthly income totals $4,238/mo, and annual cash flow totals $7,106/yr on $197,071 capital. ROI tracks 23.67% on current figures, and rental yield reads 8.49% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 122.84% and total cumulative return in cash sums $242,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,238/mo property income instead of your personal income.
Townhouse
Built in 1982
1,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30306, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,791 (100%) |
| Owner Occupied HU | 6,947 (54.3%) |
| Renter Occupied HU | 5,118 (40.0%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $851,880 |
| Average Home Value | $914,740 |
Housing Distribution
Address Breakdown
Residential
12,342
Single Family
9,298
Multi-Family
3,044
Businesses
494
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