Atlanta, GA โ€” Rental Investment Analysis

๐ŸŸกMODERATEโ€” average returns

Cap Rate

4.7%

Below average

Monthly Cash Flow

-$609

After all expenses

Price-to-Rent

12.8

Investor-friendly

DSCR

0.74

Fails

๐Ÿ“Š Key Metrics

Median Home Price
$386,195
Average Rent (3BR)
$2,320/mo
Price-to-Rent Ratio
12.8(good)
1% Rule
0.65%(fails โ€” need 1%+)
Cash-on-Cash Return
-7.3%
Vacancy Rate
8.0%

๐Ÿ“ˆ Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers โ†’

๐Ÿ“ˆ Population Movement (Tax Year 2021โ†’2022)

Net Migration

-431 households

SHRINKING

Total Inflow

31,522

households moved in

Avg Income (New Residents)

$97,093

per household

Where they're coming from:

1.DeKalb, GA7,960 households ยท avg $113,776
2.Cobb, GA4,865 households ยท avg $105,214
3.Clayton, GA2,925 households ยท avg $29,836
4.Cherokee, GA716 households ยท avg $101,272
5.Los Angeles, CA698 households ยท avg $124,539

Where residents are leaving to:

1.DeKalb, GA8,575 households
2.Cobb, GA5,784 households
3.Clayton, GA3,084 households
4.Cherokee, GA1,548 households
5.Coweta, GA639 households

๐Ÿ’ก Net outflow may indicate weakening demand โ€” but can mean lower prices and higher cap rates.

๐Ÿ˜๏ธ Best Zip Codes in Atlanta for Investors

30303
Cap Rate: 11.3%Cash Flow: +$824/mo$201,436
30363
Cap Rate: 8.9%Cash Flow: +$638/mo$302,041
30308
Cap Rate: 8.0%Cash Flow: +$437/mo$326,886

All Zip Codes in Atlanta

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
3030311.3%+$824$201,436$2,660/mo1.77
303638.9%+$638$302,041$3,260/mo1.40
303088.0%+$437$326,886$3,220/mo1.25
303096.7%+$89$394,412$3,350/mo1.04
303266.2%-$70$411,976$3,300/mo0.97
303546.0%-$73$237,126$1,860/mo0.94
303495.8%-$114$254,248$1,950/mo0.92
303315.6%-$174$271,649$2,020/mo0.88
303105.4%-$214$266,624$1,930/mo0.85
303365.4%-$234$284,148$2,050/mo0.85
303145.4%-$197$232,445$1,670/mo0.84
303115.3%-$221$236,020$1,670/mo0.82
303154.9%-$307$248,720$1,670/mo0.77
303244.9%-$609$495,578$3,330/mo0.77
303134.7%-$457$328,202$2,140/mo0.74
303184.2%-$701$387,507$2,330/mo0.66
303404.0%-$758$386,195$2,250/mo0.63
303164.0%-$818$403,604$2,320/mo0.62
303123.7%-$1,026$454,066$2,480/mo0.58
301713.6%-$867$376,930$2,040/mo0.57
303293.6%-$1,232$528,434$2,840/mo0.56
301703.0%-$919$321,352$1,520/mo0.46
303052.7%-$2,144$692,912$3,080/mo0.42
301842.3%-$1,366$397,412$1,600/mo0.35
303452.2%-$2,271$647,244$2,550/mo0.34
303172.1%-$2,038$572,542$2,220/mo0.33
303071.9%-$2,790$740,090$2,680/mo0.29
303061.2%-$4,136$960,508$2,850/mo0.19
303270.3%-$7,722$1,526,720$3,130/mo0.05