3113 Colonial Way APT AChambleeGA30341
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3113 Colonial Way APT A, Chamblee, GA, 30341 in Chamblee is a solid income-producing rental, 13.15% gross yield, $2,028/mo rent, $357/mo net cash flow on a $185,000 buy. DSCR 2.44 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $95,417.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 5.5% |
| Monthly Cash Flow | $357 | $250 |
City averages based on Chamblee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,028 |
| Total Monthly Debt Service | $1,597 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1956
2,831 sqft lot
$N/A/sqft
$344 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30341, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,631 (100%) |
| Owner Occupied HU | 6,828 (38.7%) |
| Renter Occupied HU | 8,804 (49.9%) |
| Vacant Housing Units | 1,999 (11.3%) |
| Median Home Value | $463,513 |
| Average Home Value | $525,076 |
Housing Distribution
Address Breakdown
Residential
15,810
Single Family
10,766
Multi-Family
5,044
Businesses
2,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1956
2,831 sqft lot
$N/A/sqft
$344 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30341, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,631 (100%) |
| Owner Occupied HU | 6,828 (38.7%) |
| Renter Occupied HU | 8,804 (49.9%) |
| Vacant Housing Units | 1,999 (11.3%) |
| Median Home Value | $463,513 |
| Average Home Value | $525,076 |
Housing Distribution
Address Breakdown
Residential
15,810
Single Family
10,766
Multi-Family
5,044
Businesses
2,136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiffany Garner • Norluxe Realty Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7540437
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2025 First Multiple Listing Service, Inc. [Click here for more information](/mls-disclaimers/#30)