215 Piedmont Ave NE APT 1001AtlantaGA30308
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 215 Piedmont Ave NE APT 1001, Atlanta, GA, 30308 in Atlanta offers it: the 1.80 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.73%. Long-term, 5% appreciation is forecast to add $62,163, and $2,072/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $49,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 4.8% |
| Monthly Cash Flow | $(621) | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,824 |
| Total Monthly Debt Service | $2,356 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
1,075 sqft lot
$N/A/sqft
$1,076 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1963
1,075 sqft lot
$N/A/sqft
$1,076 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Zac Team • RE/MAX Metro Atlanta Cityside
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7495725
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