2870 Pharr Court South NW APT 1408AtlantaGA30305
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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 2870 Pharr Court South NW APT 1408, Atlanta, GA, 30305 offers a 9.25% rental yield on a $179,000 purchase with $1,380/mo rent. Total monthly income registers $1,380/mo, and a $876/mo payment leaves $291/mo available for distribution. Annual cash flow reaches $3,488/yr on $59,339 to close, and return on cash invested stands at 25.79% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 134.24% and total cumulative return in cash at $79,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
544.50 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30305, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,633 (100%) |
| Owner Occupied HU | 8,562 (41.5%) |
| Renter Occupied HU | 9,607 (46.6%) |
| Vacant Housing Units | 2,464 (11.9%) |
| Median Home Value | $850,444 |
| Average Home Value | $968,483 |
Housing Distribution
Address Breakdown
Residential
18,494
Single Family
7,863
Multi-Family
10,631
Businesses
1,985
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