821 Ralph McGill Blvd NE APT 3221AtlantaGA30306
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 821 Ralph McGill Blvd NE APT 3221, Atlanta, GA, 30306 offers a 10.76% rental yield on a $245,000 purchase with $2,196/mo rent. Total monthly income registers $2,196/mo, and a $1,199/mo payment leaves $705/mo available for distribution. Annual cash flow reaches $8,460/yr on $81,218 to close, and return on cash invested stands at 30.33% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 158.63% and total cumulative return in cash at $128,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,196/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
644.69 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30306, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,791 (100%) |
| Owner Occupied HU | 6,947 (54.3%) |
| Renter Occupied HU | 5,118 (40.0%) |
| Vacant Housing Units | 726 ( 5.7%) |
| Median Home Value | $851,880 |
| Average Home Value | $914,740 |
Housing Distribution
Address Breakdown
Residential
12,342
Single Family
9,298
Multi-Family
3,044
Businesses
494
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices