199 14th St NE UNIT 409AtlantaGA30309
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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
Investment property for sale in Atlanta at 199 14th St NE UNIT 409, Atlanta, GA, 30309 listed at $242,500 pairs $2,429/mo rent with a $1,187/mo payment to leave $535/mo cash flow. Total monthly income runs $2,429/mo, and annual cash flow reaches $6,414/yr on $80,389 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 12.02% at a $242,500 basis. Equity gained on principal adds $1,565/yr, and annual property appreciation at 5% supports $66,998 by year five. Five-year ROI tracks 147.78% and total cumulative return in cash totals $118,795. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,429/mo property income relative to a $1,187/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
749.23 sqft lot
$N/A/sqft
$369 monthly 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: CHARLES W HAWTHORNE • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7572423
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