2870 Pharr Court South NW APT 3005AtlantaGA30305
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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 3005, Atlanta, GA, 30305 offers a 10.63% rental yield on a $337,300 purchase with $2,989/mo rent. Total monthly income registers $2,989/mo, and a $1,651/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,787/yr on $111,815 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $2,177/yr while 5% annual appreciation supports $93,190 over five years. Portfolio math shows five-year ROI at 114.34% and total cumulative return in cash at $127,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,989/mo property income against a $1,651/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
1,302 sqft lot
$N/A/sqft
$345 monthly 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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