57 Forsyth St NW APT 10HAtlantaGA30303
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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
Investment property for sale in Atlanta at 57 Forsyth St NW APT 10H, Atlanta, GA, 30303 uses $54,698 cash to close to unlock $13,000/yr annual cash flow and $1,083/mo monthly cash flow. Total monthly income runs $2,088/mo, and a $808/mo payment keeps the spread at $1,083/mo. Purchase price stands at $165,000, and rental yield measures 15.19% with $2,088/mo rent. Return on cash invested shows 43.68% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 230.23% and total cumulative return in cash records $125,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,088/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1913
675.18 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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