1467 Monroe Dr NE APT 2AtlantaGA30324
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 1467 Monroe Dr NE APT 2, Atlanta, GA, 30324 in Atlanta. Rental yield 7.18%. The 1.33 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $117,392 and $3,913/yr in principal reduction project total return of $158,078.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 4.8% |
| Monthly Cash Flow | $(44) | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,542 |
| Total Monthly Debt Service | $2,417 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1987
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
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
Townhouse
Built in 1987
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices