30 5th St NE UNIT 1010, Atlanta, GA, 30308 | $731/mo Cash Flow

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30 5th St NE UNIT 1010, Atlanta, GA, 30308 | $731/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Atlanta at 30 5th St NE UNIT 1010, Atlanta, GA, 30308 generates $3,317/mo in rent and, after a $2,080/mo payment, leaves $731/mo in cash flow. Total monthly income is $3,317/mo, and annual cash flow is $8,766/yr on $140,888 invested. Return on cash invested sits at 26.13% in year one, and rental yield is 9.37% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 136.08% and total cumulative return in cash sums $191,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,317/mo property income rather than buyer’s personal income.

Condo

Built in 1999

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

At the intersection of historic charm and modern elegance, is a breathtaking penthouse that truly is one of a kind, Welcome Home to Penthouse 1010 at Biltmore House. This rare, one-of-a-kind home, rests above the Historic 1924 Biltmore House - Midtown Atlanta's oldest condo building. Built out in 1999, with touches of historic charm and character, yet all the modern living finishes you could hope for. The quiet, brick laid entry with large coat closet guides you up the spiral staircase to the first living level with incredible skylights across the entire length of the unit. Spacious living, well-appointed bedroom and TWO separate closest- plus FULL SIZED in-unit LAUNDRY, which is a true rarity for historic living in midtown! The custom wall-built murphy bed is a great solution for guests + even more STORAGE in the built-ins! The large full bathroom is spa inspired with dual shower heads + hand sprayer and custom niche storage. From there, you ascend up the spiral staircase to the third-floor piece de resistance with an entire wall of glass boasting STUNNING views of midtown! Modern finishes throughout the spacious kitchen, with bespoke cabinet storage, eat in breakfast bar + built-in water filtration system for the freshest drinking water in Atlanta! Just don't miss the private balcony off the kitchen to take in all the beautiful sights of Midtown!! Additional flex space for an office, conversation area, library or separate TV nook, is perfect for just about anything you could dream of! A second full bathroom is tucked just off the dining room, making it perfect for guests, a dinner soiree or the housewarming party down on 5th street you're already planning in your head! Directly across from Georgia Tech, incredible restaurants and the Fabulous Fox Theatre just around the corner, this one-of-a-kind opportunity to own a piece of history with modern charm is a true once in lifetime moment!