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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 2230 Peachtree Rd APT C6, Atlanta, GA, 30309 generates $2,286/mo in rent and, after a $978/mo payment, leaves $753/mo in cash flow. Total monthly income is $2,286/mo, and annual cash flow is $9,033/yr on $66,267 invested. Return on cash invested sits at 33.54% in year one, and rental yield is 13.72% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 177.9% and total cumulative return in cash sums $117,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,286/mo property income rather than buyer’s personal income.
Condo
Built in 1938
871.20 sqft lot
$N/A/sqft
$3,804 annually HOA
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
| 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 |
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
Date | Event | Price |
|---|---|---|
| 2024-11-20 | Price change | $199,900 |
| 2024-09-06 | Price change | $225,000 |
| 2024-07-25 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-10 | $768.91 | -25.01% | $93,480 | 40.02% |
| 2022-01-10 | $1025.30 | 10.18% | $66,760 | 4.31% |
| 2021-01-10 | $930.60 | -64.88% | $64,000 | N/A |
Listed by: Sara Mosser • Keller Williams Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10416296
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
