620 Glen Iris Dr NE UNIT 223AtlantaGA30308
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
Rental property for sale in Atlanta at 620 Glen Iris Dr NE UNIT 223, Atlanta, GA, 30308 generates $4,210/mo in rent and, after a $2,325/mo payment, leaves $1,319/mo in cash flow. Total monthly income is $4,210/mo, and annual cash flow is $15,828/yr on $157,463 invested. Return on cash invested sits at 29.96% in year one, and rental yield is 10.64% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 156.6% and total cumulative return in cash sums $246,583. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,210/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1,219 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Boyd Brown • Ansley Real Estate | Christie's International Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7479739
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)