845 Spring St NW UNIT 129AtlantaGA30308
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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 845 Spring St NW UNIT 129, Atlanta, GA, 30308 offers a 7.96% rental yield on a $650,000 purchase with $4,314/mo rent. Total monthly income registers $4,314/mo, and a $3,181/mo payment leaves $358/mo available for distribution. Annual cash flow reaches $4,301/yr on $213,850 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 114.27% and total cumulative return in cash at $244,370. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,314/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
1,685 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices