401 16th St NW UNIT 1157AtlantaGA30363
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 401 16th St NW UNIT 1157, Atlanta, GA, 30363 in Atlanta. At $245,900 it earns $2,116/mo in rent and distributes $304/mo to the owner after the $1,106/mo payment, a consistent 10.32% yield. DSCR 1.91 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $67,938 in value; $2,265/yr in principal paydown compounds ownership stake. Total projected return: $114,071.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 4.8% |
| Monthly Cash Flow | $304 | $1,850 |
City averages based on Atlanta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,116 |
| Total Monthly Debt Service | $1,714 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
749.23 sqft lot
$N/A/sqft
$315 monthly HOA
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
Condo
Built in 2004
749.23 sqft lot
$N/A/sqft
$315 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Muhammad Hillou • Metroland Realty Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7399595
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