2474 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 2474 Northlake Ct, Atlanta, GA, 30345 uses $96,632 cash to close to unlock $9,284/yr annual cash flow and $774/mo monthly cash flow. Total monthly income runs $2,548/mo, and a $1,427/mo payment keeps the spread at $774/mo. Purchase price stands at $291,500, and rental yield measures 10.49% with $2,548/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $80,536 over five years. Five-year ROI reaches 154.23% and total cumulative return in cash records $149,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $1,427/mo payment rather than investor’s personal income.
Condo
Built in 1974
871.20 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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