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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 2002 Cedar Chase Ln NE, Atlanta, GA, 30324 priced at $410,000 converts $3,084/mo rent into $49/mo cash flow after a $2,007/mo obligation. Total monthly income equals $3,084/mo, and annual cash flow totals $589/yr on $135,915 invested. Return on cash invested prints 20.34% in year one, and rental yield reads 9.03% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 106.79% and total cumulative return in cash sums $145,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,084/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
1,524 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
| 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 |
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
Date | Event | Price |
|---|---|---|
| 2022-06-07 | Sold | $410,000 |
| 2022-05-14 | Pending sale | $359,900 |
| 2022-05-06 | Listed for sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $3873.67 | 52.64% | $149,120 | N/A |
| 2023-04-19 | $2537.74 | -4.30% | $149,120 | 35.02% |
| 2022-04-19 | $2651.71 | 0.43% | $110,440 | -1.32% |
Listed by: Kevin Kilbride • Ansley Real Estate| Christie's International Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7562529
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