3648 Peachtree Rd NE APT 1BAtlantaGA30319
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
Investment Highlights
Investment property for sale in Atlanta at 3648 Peachtree Rd NE APT 1B, Atlanta, GA, 30319 uses $149,142 cash to close to unlock $31,014/yr annual cash flow and $2,585/mo monthly cash flow. Total monthly income runs $6,187/mo, and a $2,202/mo payment keeps the spread at $2,585/mo. Purchase price stands at $449,900, and rental yield measures 16.5% with $6,187/mo rent. Return on cash invested shows 40.7% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 216.76% and total cumulative return in cash records $323,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,187/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Condo
Built in 1961
1,968 sqft lot
$N/A/sqft
$741 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30319, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,847 (100%) |
| Owner Occupied HU | 11,337 (49.6%) |
| Renter Occupied HU | 9,835 (43.0%) |
| Vacant Housing Units | 1,675 ( 7.3%) |
| Median Home Value | $711,237 |
| Average Home Value | $804,216 |
Housing Distribution
Address Breakdown
Residential
21,002
Single Family
12,489
Multi-Family
8,513
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alton Moss • Chapman Hall Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7374217
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. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)