1198 Olmsted Park RdDecaturGA30033
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1198 Olmsted Park Rd, Decatur, GA, 30033 listed at $649,900 pairs $3,528/mo rent with a $3,181/mo payment. Total monthly income runs $3,528/mo. Return on cash invested measures 15.3% in year one, and rental yield registers 6.51% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 78.8% and total cumulative return in cash totals $168,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,528/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
871.20 sqft lot
$N/A/sqft
$335 monthly 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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Listed by: ATL Turtle Grp Chuck Smith • Keller Williams Realty Metro Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7547491
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