2471 Northlake CtAtlantaGA30345
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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
Investment property for sale in Atlanta at 2471 Northlake Ct, Atlanta, GA, 30345 offers a 10.62% rental yield on a $311,500 purchase with $2,756/mo rent. Total monthly income registers $2,756/mo, and a $1,525/mo payment leaves $591/mo available for distribution. Annual cash flow reaches $7,090/yr on $103,262 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $2,010/yr while 5% annual appreciation supports $86,062 over five years. Portfolio math shows five-year ROI at 140.66% and total cumulative return in cash at $145,246. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,756/mo property income against a $1,525/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30345, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,056 (100%) |
| Owner Occupied HU | 5,431 (49.1%) |
| Renter Occupied HU | 4,952 (44.8%) |
| Vacant Housing Units | 673 ( 6.1%) |
| Median Home Value | $502,654 |
| Average Home Value | $569,589 |
Housing Distribution
Address Breakdown
Residential
11,107
Single Family
7,888
Multi-Family
3,219
Businesses
981
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