1260 Monroe Dr 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
Rental property for sale in Atlanta at 1260 Monroe Dr NE, Atlanta, GA, 30306 generates $3,741/mo in rent, after a $5,359/mo payment. Total monthly income is $3,741/mo. Return on cash invested sits at 9.79% in year one, and rental yield is 4.1% on a $1,095,000 entry. Equity gained on principal adds $7,066/yr, while 5% annual appreciation builds toward $302,528 over five years. Five-year ROI reaches 48.6% and total cumulative return in cash sums $172,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,741/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,501 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: Ken Covers • Engel & Volkers Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7652561
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