2002 Variations Dr NEAtlantaGA30329
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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 2002 Variations Dr NE, Atlanta, GA, 30329 generates $2,267/mo in rent and, after a $1,541/mo payment, leaves $351/mo in cash flow. Total monthly income is $2,267/mo, and annual cash flow is $4,209/yr on $104,389 invested. Return on cash invested sits at 23.94% in year one, and rental yield is 8.64% on a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 124.31% and total cumulative return in cash sums $129,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,267/mo property income rather than buyer’s personal income.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30329, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 3,559 (25.2%) |
| Renter Occupied HU | 9,243 (65.3%) |
| Vacant Housing Units | 1,347 ( 9.5%) |
| Median Home Value | $511,335 |
| Average Home Value | $567,006 |
Housing Distribution
Address Breakdown
Residential
14,567
Single Family
8,060
Multi-Family
6,507
Businesses
952
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