2603 Kings Lake 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
Rental property for sale in Atlanta at 2603 Kings Lake Ct, Atlanta, GA, 30345 priced at $1,300,000 converts $5,051/mo rent into after a $6,363/mo obligation. Total monthly income equals $5,051/mo. Return on cash invested prints 12.22% in year one, and rental yield reads 4.66% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 61.36% and total cumulative return in cash sums $258,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,051/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.55 Acres 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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