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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Atlanta at 2832 Laurel Ridge Cir, Atlanta, GA, 30344 priced at $275,000 converts $2,532/mo rent into $783/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,532/mo, and annual cash flow totals $9,399/yr on $91,163 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 11.05% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 158.39% and total cumulative return in cash sums $144,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,532/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
784.08 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood data shown for ZIP Code: 30344, Atlanta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,237 (100%) |
| Owner Occupied HU | 6,648 (38.6%) |
| Renter Occupied HU | 8,912 (51.7%) |
| Vacant Housing Units | 1,677 ( 9.7%) |
| Median Home Value | $284,435 |
| Average Home Value | $313,393 |
Residential
15,573
Single Family
13,832
Multi-Family
1,741
Businesses
1,095
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listing removed | $275,000 |
| 2024-09-17 | Listed for rent | $2,000 |
| 2024-09-11 | Listing removed | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brittney Nealy • Engel & Vlkers Atlanta
Mls Name: GAMLS
Mls Provider:
Mls ID: #10379093
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
