383 Pratt Dr UNIT 506AtlantaGA30315
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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 383 Pratt Dr UNIT 506, Atlanta, GA, 30315 generates $4,612/mo in rent and, after a $2,643/mo payment, leaves $1,326/mo in cash flow. Total monthly income is $4,612/mo, and annual cash flow is $15,906/yr on $177,660 invested. Return on cash invested sits at 29.01% in year one, and rental yield is 10.25% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 151.49% and total cumulative return in cash sums $269,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,612/mo property income rather than buyer’s personal income.
Condo
Built in 2020
2,265 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30315, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 5,804 (35.5%) |
| Renter Occupied HU | 8,671 (53.1%) |
| Vacant Housing Units | 1,868 (11.4%) |
| Median Home Value | $332,790 |
| Average Home Value | $398,183 |
Housing Distribution
Address Breakdown
Residential
15,209
Single Family
10,559
Multi-Family
4,650
Businesses
832
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