1806 Elaine DrDecaturGA30035
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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 1806 Elaine Dr, Decatur, GA, 30035 uses $74,588 cash to close to unlock $1,690/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $1,101/mo payment keeps the spread at $141/mo. Purchase price stands at $225,000, and rental yield measures 8.05% with $1,510/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 114.87% and total cumulative return in cash records $85,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30035, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,027 (100%) |
| Owner Occupied HU | 4,648 (51.5%) |
| Renter Occupied HU | 3,762 (41.7%) |
| Vacant Housing Units | 617 ( 6.8%) |
| Median Home Value | $263,019 |
| Average Home Value | $296,377 |
Housing Distribution
Address Breakdown
Residential
8,935
Single Family
6,970
Multi-Family
1,965
Businesses
769
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