215 Piedmont Ave NE APT 1002,Atlanta,GA,30308

Investment Highlights

Rental property for sale in Atlanta at 215 Piedmont Ave NE APT 1002, Atlanta, GA, 30308 generates $1,135/mo in rent and, after a $710/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,135/mo, and annual cash flow is $3,027/yr on $48,068 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 9.39% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 136.55% and total cumulative return in cash sums $65,636. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,135/mo property income rather than buyer’s personal income.