1135 Clairemont Ave APT BDecaturGA30030
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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
Rental property for sale in Decatur at 1135 Clairemont Ave APT B, Decatur, GA, 30030 offers $1,658/mo rent that, after a $857/mo payment, leaves $374/mo cash flow. Total monthly income is $1,658/mo, and annual cash flow is $4,494/yr on $58,013 cash. Return on cash invested measures 27.65% in year one, and rental yield stands at 11.37% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 145.93% and total cumulative return in cash reaches $84,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,658/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1973
522.72 sqft lot
$N/A/sqft
$218 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30030, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 8,341 (51.0%) |
| Renter Occupied HU | 6,374 (39.0%) |
| Vacant Housing Units | 1,628 ( 10.0%) |
| Median Home Value | $656,926 |
| Average Home Value | $715,270 |
Housing Distribution
Address Breakdown
Residential
15,501
Single Family
10,405
Multi-Family
5,096
Businesses
1,256
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Listed by: Janice Overbeck • Keller Williams Realty Atl North
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7533540
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