211 Colonial Homes Dr NW APT 2106AtlantaGA30309
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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 211 Colonial Homes Dr NW APT 2106, Atlanta, GA, 30309 offers a 10.15% rental yield on a $435,500 purchase with $3,682/mo rent. Total monthly income registers $3,682/mo, and a $2,132/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,980/yr on $144,368 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $2,810/yr while 5% annual appreciation supports $120,321 over five years. Portfolio math shows five-year ROI at 116.15% and total cumulative return in cash at $167,677. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,682/mo property income against a $2,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
1,555 sqft lot
$N/A/sqft
$656 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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