394 6th St NE APT 1, Atlanta, GA, 30308 | $512/mo Cash Flow

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394 6th St NE APT 1, Atlanta, GA, 30308 | $512/mo Cash Flow | Ziffy

Pending

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 394 6th St NE APT 1, Atlanta, GA, 30308 earns $512/mo cash flow from $2,240/mo rent with a $1,390/mo payment. Total monthly income totals $2,240/mo, and annual cash flow totals $6,139/yr on $94,146 capital. ROI tracks 26.43% on current figures, and rental yield reads 9.46% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $129,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,240/mo property income instead of your personal income.

Condo

Built in 1960

784.08 sqft lot

$N/A/sqft

No HOA

More details about the property

Move-In Ready Midtown Gem! Welcome to this charming 2-bedroom, 1-bath condo, nestled in a quaint 8-unit complex on 6th Street in Midtown. This ground-floor unit offers the perfect blend of comfort, convenience, and modern updates. Inside, you'll love: an open, bright, and airy floor plan that fills the living space with natural light, Hardwood flooring throughout the living areas, a well-appointed kitchen featuring ample cabinetry and tiled floors, a tiled bathroom, in-unit laundry, and spacious bedrooms. Additional perks include a reserved parking spot with gated entry and an EV charging port. Intimate shared outdoor spaces - ideal for relaxing or entertaining. Unbeatable Location - Just minutes from the Atlanta BeltLine, Piedmont Park, Ponce City Market, Krog Street Market, and within walking distance to some of Midtown's top restaurants. For the arts enthusiast, enjoy close proximity to the Fox Theatre, Margaret Mitchell House, Woodruff Arts Center, and the High Museum of Art, to name a few.