1181 Providence PlDecaturGA30033
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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 Decatur at 1181 Providence Pl, Decatur, GA, 30033 uses $167,790 cash to close to unlock $4,131/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $3,448/mo, and a $2,496/mo payment keeps the spread at $344/mo. Purchase price stands at $510,000, and rental yield measures 8.11% with $3,448/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 116.71% and total cumulative return in cash records $195,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,448/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30033, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,938 (100%) |
| Owner Occupied HU | 8,684 (51.3%) |
| Renter Occupied HU | 6,875 (40.6%) |
| Vacant Housing Units | 1,379 ( 8.1%) |
| Median Home Value | $464,558 |
| Average Home Value | $519,924 |
Housing Distribution
Address Breakdown
Residential
16,474
Single Family
11,096
Multi-Family
5,378
Businesses
913
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