193 Chestnut Cir NE #38AtlantaGA30342
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 193 Chestnut Cir NE #38, Atlanta, GA, 30342 generates $4,140/mo in rent and, after a $2,741/mo payment, leaves $732/mo in cash flow. Total monthly income is $4,140/mo, and annual cash flow is $8,780/yr on $184,240 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 8.87% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 129.04% and total cumulative return in cash sums $237,749. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
827.64 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30342, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 7,269 (48.8%) |
| Renter Occupied HU | 6,935 (46.5%) |
| Vacant Housing Units | 699 ( 4.7%) |
| Median Home Value | $900,474 |
| Average Home Value | $1,039,460 |
Housing Distribution
Address Breakdown
Residential
14,763
Single Family
8,650
Multi-Family
6,113
Businesses
1,714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices