15 Downshire LnDecaturGA30033
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
Rental property for sale in Decatur at 15 Downshire Ln, Decatur, GA, 30033 priced at $667,000 converts $4,534/mo rent into $221/mo cash flow after a $3,265/mo obligation. Total monthly income equals $4,534/mo, and annual cash flow totals $2,649/yr on $219,443 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 8.16% against a $667,000 entry. Equity gained on principal adds $4,304/yr, while 5% annual appreciation compiles into $184,280 by year five. Five-year ROI reaches 110.46% and total cumulative return in cash sums $242,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,534/mo property income covering a $3,265/mo payment, not borrower’s personal income.
Single Family
Built in 1982
6,534 sqft lot
$N/A/sqft
$1,500 annually 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: Mariam Depriest • Keller Williams Realty Atl North
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7494307
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