505 Whitehall St SW APT 203AtlantaGA30303
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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 505 Whitehall St SW APT 203, Atlanta, GA, 30303 generates $2,008/mo in rent and, after a $1,208/mo payment, leaves $506/mo in cash flow. Total monthly income is $2,008/mo, and annual cash flow is $6,069/yr on $81,847 invested. Return on cash invested sits at 27.32% in year one, and rental yield is 9.76% on a $246,900 entry. Equity gained on principal adds $1,593/yr, while 5% annual appreciation builds toward $68,214 over five years. Five-year ROI reaches 142.46% and total cumulative return in cash sums $116,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.
Condo
Built in 1920
1,084 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30303, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,082 (100%) |
| Owner Occupied HU | 329 (15.8%) |
| Renter Occupied HU | 1,342 (64.5%) |
| Vacant Housing Units | 411 (19.7%) |
| Median Home Value | $247,984 |
| Average Home Value | $296,858 |
Housing Distribution
Address Breakdown
Residential
1,562
Single Family
93
Multi-Family
1,469
Businesses
2,518
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