57 Forsyth St NW APT 3BAtlantaGA30303
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
Investment property for sale in Atlanta at 57 Forsyth St NW APT 3B, Atlanta, GA, 30303 with 5% annual appreciation on a $233,900 basis while $1,676/mo rent supports operations. Total monthly income totals $1,676/mo and a $1,145/mo payment preserves $252/mo for cash returns. Annual cash flow comes to $3,027/yr on $77,538 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $1,509/yr, and five-year appreciation sums $64,622 alongside rental yield of 8.6%. Five-year ROI measures 123.68% and total cumulative return in cash totals $95,899.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,676/mo property income versus a $1,145/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1913
1,001 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices