714 Summit North Dr NEAtlantaGA30324
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 714 Summit North Dr NE, Atlanta, GA, 30324 at $185,000 posts ROI 29.7% with $501/mo cash flow from $1,892/mo rent. Total monthly income equals $1,892/mo, and annual cash flow records $6,006/yr on $61,328 to close. Return on cash invested measures 29.7% and rental yield reads 12.27% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 157.15% and total cumulative return in cash totals $96,375.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1982
871.20 sqft lot
$N/A/sqft
$266 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30324, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,303 (100%) |
| Owner Occupied HU | 6,353 (32.9%) |
| Renter Occupied HU | 11,191 (58.0%) |
| Vacant Housing Units | 1,759 ( 9.1%) |
| Median Home Value | $643,002 |
| Average Home Value | $730,921 |
Housing Distribution
Address Breakdown
Residential
18,709
Single Family
7,335
Multi-Family
11,374
Businesses
1,379
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Listed by: Christine Oneill • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7473024
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