2240 Cheshire Bridge Rd NE UNIT 205AtlantaGA30324
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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
Rental property for sale in Atlanta at 2240 Cheshire Bridge Rd NE UNIT 205, Atlanta, GA, 30324 generates $2,500/mo in rent and, after a $1,011/mo payment, leaves $1,243/mo in cash flow. Total monthly income is $2,500/mo, and annual cash flow is $14,914/yr on $68,488 invested. Return on cash invested sits at 41.68% in year one, and rental yield is 14.52% on a $206,600 entry. Equity gained on principal adds $1,333/yr, while 5% annual appreciation builds toward $57,080 over five years. Five-year ROI reaches 219.5% and total cumulative return in cash sums $150,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,500/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
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