845 Spring St NW UNIT 430AtlantaGA30308
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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 430, Atlanta, GA, 30308 offers a 10.15% rental yield on a $899,000 purchase with $7,603/mo rent. Total monthly income registers $7,603/mo, and a $4,400/mo payment leaves $1,182/mo available for distribution. Annual cash flow reaches $14,180/yr on $295,771 to close, and return on cash invested stands at 24.85% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 130.59% and total cumulative return in cash at $386,254. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,603/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
1,934 sqft lot
$N/A/sqft
$950 monthly HOA
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Listed by: Steven Ozer • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7407130
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