324 3rd St NE APT 1, Atlanta, GA, 30308 | $235/mo Cash Flow

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

Investment property for sale in Atlanta at 324 3rd St NE APT 1, Atlanta, GA, 30308 uses $53,040 cash to close to unlock $2,824/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,209/mo, and a $783/mo payment keeps the spread at $235/mo. Purchase price stands at $159,999, and rental yield measures 9.07% with $1,209/mo rent. Return on cash invested shows 25.23% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 131.29% and total cumulative return in cash records $69,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,209/mo property income covering a $783/mo payment rather than investor’s personal income.

Condo

Built in 1965

435.60 sqft lot

$N/A/sqft

No HOA