1130 Piedmont Ave NE APT 803AtlantaGA30309
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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 1130 Piedmont Ave NE APT 803, Atlanta, GA, 30309 generates $4,096/mo in rent, after a $2,570/mo payment. Total monthly income is $4,096/mo. Return on cash invested sits at 19.6% in year one, and rental yield is 9.36% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 103.48% and total cumulative return in cash sums $178,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,096/mo property income rather than buyer’s personal income.
Condo
Built in 1988
1,263 sqft lot
$N/A/sqft
$8,904 annually 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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Listed by: Paul Roberts • Jason Mitchell Real Estate Georgia
Mls Name: GAMLS
Mls Provider:
Mls ID: #10583875
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.