275 Lakemoore Dr NE APT DAtlantaGA30342
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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 275 Lakemoore Dr NE APT D, Atlanta, GA, 30342 with 5% annual appreciation on a $310,000 basis while $2,111/mo rent supports operations. Total monthly income totals $2,111/mo and a $1,517/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,695/yr on $102,765 deployed, and return on cash invested reaches 22.53% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 8.17%. Five-year ROI measures 116.78% and total cumulative return in cash totals $120,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,111/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1952
1,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30342, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 7,269 (48.8%) |
| Renter Occupied HU | 6,935 (46.5%) |
| Vacant Housing Units | 699 ( 4.7%) |
| Median Home Value | $900,474 |
| Average Home Value | $1,039,460 |
Housing Distribution
Address Breakdown
Residential
14,763
Single Family
8,650
Multi-Family
6,113
Businesses
1,714
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