2013 Rockledge Rd NEAtlantaGA30324
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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 2013 Rockledge Rd NE, Atlanta, GA, 30324 priced at $649,999 converts $5,059/mo rent into $578/mo cash flow after a $3,181/mo obligation. Total monthly income equals $5,059/mo, and annual cash flow totals $6,932/yr on $213,850 invested. Return on cash invested prints 23.3% in year one, and rental yield reads 9.34% against a $649,999 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 121.93% and total cumulative return in cash sums $260,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,059/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
827.64 sqft lot
$N/A/sqft
$314 monthly 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
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Listed by: Armando Morales • Compass
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7653442
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