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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Atlanta at 57 Forsyth St NW APT 11G, Atlanta, GA, 30303 offers a 8.39% rental yield on a $229,000 purchase with $1,601/mo rent. 45% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 61.59% and total cumulative return in cash at $46,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,601/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1913
1,001 sqft lot
$N/A/sqft
$8,400 annually HOA
Neighborhood data shown for ZIP Code: 30303, Atlanta, GA area.
| 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 |
Residential
1,562
Single Family
93
Multi-Family
1,469
Businesses
2,518
Date | Event | Price |
|---|---|---|
| 2021-11-23 | Sold | $198,000 |
| 2021-11-01 | Contingent | $199,000 |
| 2021-11-01 | Pending sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $2410.11 | 104.99% | $97,480 | 2.61% |
| 2023-06-04 | $1175.71 | -28.46% | $95,000 | 19.95% |
| 2022-06-04 | $1643.52 | -56.00% | $79,200 | -14.10% |
Listed by: Angela Beck • Compass
Mls Name: GAMLS
Mls Provider:
Mls ID: #10526023
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
