1973 Columbia DrDecaturGA30032
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 1973 Columbia Dr, Decatur, GA, 30032 priced at $185,000 converts $1,445/mo rent into $190/mo cash flow after a $905/mo obligation. Total monthly income equals $1,445/mo, and annual cash flow totals $2,284/yr on $61,328 invested. Return on cash invested prints 23.63% in year one, and rental yield reads 9.37% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 123.65% and total cumulative return in cash sums $75,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,445/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30032, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,318 (100%) |
| Owner Occupied HU | 9,917 (44.4%) |
| Renter Occupied HU | 9,221 (41.3%) |
| Vacant Housing Units | 3,180 (14.2%) |
| Median Home Value | $308,774 |
| Average Home Value | $358,486 |
Housing Distribution
Address Breakdown
Residential
19,764
Single Family
16,823
Multi-Family
2,941
Businesses
1,018
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Listed by: Leslie Nelson • Mainstay Brokerage LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7554600
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