40 12th St #1504AtlantaGA30309
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
Rental property for sale in Atlanta at 40 12th St #1504, Atlanta, GA, 30309 generates $4,667/mo in rent, after a $8,998/mo payment. Total monthly income is $4,667/mo. Return on cash invested sits at 7.23% in year one, and rental yield is 3.05% on a $1,838,379 entry. Equity gained on principal adds $11,863/yr, while 5% annual appreciation builds toward $507,910 over five years. Five-year ROI reaches 34.62% and total cumulative return in cash sums $206,197. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,667/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,321 (100%) |
| Owner Occupied HU | 8,399 (31.9%) |
| Renter Occupied HU | 13,608 (51.7%) |
| Vacant Housing Units | 4,314 (16.4%) |
| Median Home Value | $602,425 |
| Average Home Value | $774,843 |
Housing Distribution
Address Breakdown
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices