Atlanta, GA โ Rental Investment Analysis
๐กMODERATEโ average returnsCap Rate
4.7%
Below average
Monthly Cash Flow
-$609
After all expenses
Price-to-Rent
12.8
Investor-friendly
DSCR
0.74
Fails
๐ 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%
๐ Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers โ๐ Population Movement (Tax Year 2021โ2022)
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
๐ก Net outflow may indicate weakening demand โ but can mean lower prices and higher cap rates.
๐๏ธ Best Zip Codes in Atlanta for Investors
All Zip Codes in Atlanta
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 30303 | 11.3% | +$824 | $201,436 | $2,660/mo | 1.77 |
| 30363 | 8.9% | +$638 | $302,041 | $3,260/mo | 1.40 |
| 30308 | 8.0% | +$437 | $326,886 | $3,220/mo | 1.25 |
| 30309 | 6.7% | +$89 | $394,412 | $3,350/mo | 1.04 |
| 30326 | 6.2% | -$70 | $411,976 | $3,300/mo | 0.97 |
| 30354 | 6.0% | -$73 | $237,126 | $1,860/mo | 0.94 |
| 30349 | 5.8% | -$114 | $254,248 | $1,950/mo | 0.92 |
| 30331 | 5.6% | -$174 | $271,649 | $2,020/mo | 0.88 |
| 30310 | 5.4% | -$214 | $266,624 | $1,930/mo | 0.85 |
| 30336 | 5.4% | -$234 | $284,148 | $2,050/mo | 0.85 |
| 30314 | 5.4% | -$197 | $232,445 | $1,670/mo | 0.84 |
| 30311 | 5.3% | -$221 | $236,020 | $1,670/mo | 0.82 |
| 30315 | 4.9% | -$307 | $248,720 | $1,670/mo | 0.77 |
| 30324 | 4.9% | -$609 | $495,578 | $3,330/mo | 0.77 |
| 30313 | 4.7% | -$457 | $328,202 | $2,140/mo | 0.74 |
| 30318 | 4.2% | -$701 | $387,507 | $2,330/mo | 0.66 |
| 30340 | 4.0% | -$758 | $386,195 | $2,250/mo | 0.63 |
| 30316 | 4.0% | -$818 | $403,604 | $2,320/mo | 0.62 |
| 30312 | 3.7% | -$1,026 | $454,066 | $2,480/mo | 0.58 |
| 30171 | 3.6% | -$867 | $376,930 | $2,040/mo | 0.57 |
| 30329 | 3.6% | -$1,232 | $528,434 | $2,840/mo | 0.56 |
| 30170 | 3.0% | -$919 | $321,352 | $1,520/mo | 0.46 |
| 30305 | 2.7% | -$2,144 | $692,912 | $3,080/mo | 0.42 |
| 30184 | 2.3% | -$1,366 | $397,412 | $1,600/mo | 0.35 |
| 30345 | 2.2% | -$2,271 | $647,244 | $2,550/mo | 0.34 |
| 30317 | 2.1% | -$2,038 | $572,542 | $2,220/mo | 0.33 |
| 30307 | 1.9% | -$2,790 | $740,090 | $2,680/mo | 0.29 |
| 30306 | 1.2% | -$4,136 | $960,508 | $2,850/mo | 0.19 |
| 30327 | 0.3% | -$7,722 | $1,526,720 | $3,130/mo | 0.05 |