323 Lakemoore Dr NE APT FAtlantaGA30342
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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 323 Lakemoore Dr NE APT F, Atlanta, GA, 30342 priced at $295,000 converts $2,085/mo rent into $289/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,085/mo, and annual cash flow totals $3,474/yr on $97,793 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 8.48% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 121.79% and total cumulative return in cash sums $119,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,085/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Townhouse
Built in 1952
1,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30342, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,903 (100%) |
| Owner Occupied HU | 7,269 (48.8%) |
| Renter Occupied HU | 6,935 (46.5%) |
| Vacant Housing Units | 699 ( 4.7%) |
| Median Home Value | $900,474 |
| Average Home Value | $1,039,460 |
Housing Distribution
Address Breakdown
Residential
14,763
Single Family
8,650
Multi-Family
6,113
Businesses
1,714
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