215 Piedmont Ave NE APT 1609,Atlanta,GA,30308

Investment Highlights

Rental property for sale in Atlanta at 215 Piedmont Ave NE APT 1609, Atlanta, GA, 30308 generates $1,407/mo in rent and, after a $979/mo payment, leaves $190/mo in cash flow. Total monthly income is $1,407/mo, and annual cash flow is $2,276/yr on $66,300 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.44% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 121.13% and total cumulative return in cash sums $80,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,407/mo property income rather than buyer’s personal income.