640 Glen Iris Dr NE APT 409,Atlanta,GA,30308

Investment Highlights

Rental property for sale in Atlanta at 640 Glen Iris Dr NE APT 409, Atlanta, GA, 30308 generates $2,678/mo in rent and, after a $1,689/mo payment, leaves $578/mo in cash flow. Total monthly income is $2,678/mo, and annual cash flow is $6,934/yr on $114,368 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 9.31% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 135.22% and total cumulative return in cash sums $154,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,678/mo property income rather than buyer’s personal income.