745 Monroe Dr NE APT 2AtlantaGA30308
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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 745 Monroe Dr NE APT 2, Atlanta, GA, 30308 listed at $228,000 pairs $1,626/mo rent with a $1,116/mo payment. Total monthly income runs $1,626/mo. Return on cash invested measures 18.8% in year one, and rental yield registers 8.56% at a $228,000 basis. Equity gained on principal adds $1,471/yr, and annual property appreciation at 5% supports $62,992 by year five. Five-year ROI tracks 98.6% and total cumulative return in cash totals $74,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,626/mo property income relative to a $1,116/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1930
618.55 sqft lot
$N/A/sqft
$308 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Nicholas Nye • WYND REALTY LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7613633
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