2805 Ne Expy #A-24AtlantaGA30329
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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 2805 Ne Expy #A-24, Atlanta, GA, 30329 uses $35,769 cash to close to unlock $2,537/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $868/mo, and a $528/mo payment keeps the spread at $211/mo. Purchase price stands at $107,900, and rental yield measures 9.65% with $868/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $29,811 over five years. Five-year ROI reaches 140.8% and total cumulative return in cash records $50,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $868/mo property income covering a $528/mo payment rather than investor’s personal income.
Condo
Built in 1968
1,947 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30329, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 3,559 (25.2%) |
| Renter Occupied HU | 9,243 (65.3%) |
| Vacant Housing Units | 1,347 ( 9.5%) |
| Median Home Value | $511,335 |
| Average Home Value | $567,006 |
Housing Distribution
Address Breakdown
Residential
14,567
Single Family
8,060
Multi-Family
6,507
Businesses
952
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