1800 Clairmont Lake A111DecaturGA30033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 1800 Clairmont Lake A111, Decatur, GA, 30033 in Decatur achieves 2.13, rent of $1,968/mo covers the $922/mo payment 1.5x over at $205,000. Rental yield 11.52%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $56,638 over five years, with $1,888/yr in principal reduction bringing total projected return to $123,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.8% |
| Monthly Cash Flow | $(1,689) | $450 |
City averages based on Decatur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,968 |
| Total Monthly Debt Service | $1,166 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1989
1,306 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
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
Condo
Built in 1989
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices