3060 Pharr Rd NW #114AtlantaGA30305
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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 3060 Pharr Rd NW #114, Atlanta, GA, 30305 uses $97,793 cash to close to unlock $2,790/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,444/mo payment keeps the spread at $232/mo. Purchase price stands at $295,000, and rental yield measures 8.25% with $2,028/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 118.01% and total cumulative return in cash records $115,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 1956
N/A 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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