1251 Monroe Dr NEAtlantaGA30306
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
Investment Highlights
Rental property for sale in Atlanta at 1251 Monroe Dr NE, Atlanta, GA, 30306 priced at $800,000 converts $5,086/mo rent into $202/mo cash flow after a $3,916/mo obligation. Total monthly income equals $5,086/mo, and annual cash flow totals $2,424/yr on $263,200 invested. Return on cash invested prints 20.98% in year one, and rental yield reads 7.63% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 108.44% and total cumulative return in cash sums $285,404. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,086/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
8,550 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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Listed by: THE ZAC TEAM • RE/MAX Metro Atlanta Cityside
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7539597
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