650 Glen Iris Dr NE APT 27AtlantaGA30308
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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 650 Glen Iris Dr NE APT 27, Atlanta, GA, 30308 uses $125,556 cash to close to unlock $2,997/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $3,115/mo, and a $1,854/mo payment keeps the spread at $250/mo. Purchase price stands at $378,750, and rental yield measures 9.87% with $3,115/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $104,642 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash records $147,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,115/mo property income covering a $1,854/mo payment rather than investor’s personal income.
Condo
Built in 1920
945.25 sqft lot
$N/A/sqft
$350 monthly HOA
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Listed by: THE DEBBIE LEONARD GROUP • Keller Williams Realty Peachtree Rd.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7580317
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