890 Glendale Ter NE UNIT 1AtlantaGA30309
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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 890 Glendale Ter NE UNIT 1, Atlanta, GA, 30309 uses $82,842 cash to close to unlock $7,094/yr annual cash flow and $591/mo monthly cash flow. Total monthly income runs $2,112/mo, and a $1,223/mo payment keeps the spread at $591/mo. Purchase price stands at $249,900, and rental yield measures 10.14% with $2,112/mo rent. Return on cash invested shows 28.47% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 148.68% and total cumulative return in cash records $123,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,112/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1961
701.32 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30309, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,321 (100%) |
| Owner Occupied HU | 8,399 (31.9%) |
| Renter Occupied HU | 13,608 (51.7%) |
| Vacant Housing Units | 4,314 (16.4%) |
| Median Home Value | $602,425 |
| Average Home Value | $774,843 |
Housing Distribution
Address Breakdown
Residential
23,827
Single Family
7,255
Multi-Family
16,572
Businesses
1,669
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