3201 Lenox Rd NE #22AtlantaGA30324
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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
Rental property for sale in Atlanta at 3201 Lenox Rd NE #22, Atlanta, GA, 30324 generates $2,774/mo in rent and, after a $1,591/mo payment, leaves $77/mo in cash flow. Total monthly income is $2,774/mo, and annual cash flow is $921/yr on $107,738 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 10.24% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $118,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,774/mo property income rather than buyer’s personal income.
Condo
Built in 1985
1,263 sqft lot
$N/A/sqft
$719 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
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Listed by: PAULA HENAO • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7561018
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