2016 Oak Park LnDecaturGA30032
Nearby investment properties with comparable rents
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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
Rental property for sale in Decatur at 2016 Oak Park Ln, Decatur, GA, 30032 priced at $160,000 converts $1,273/mo rent into after a $783/mo obligation. Total monthly income equals $1,273/mo. Return on cash invested prints 17.38% in year one, and rental yield reads 9.55% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 92.49% and total cumulative return in cash sums $49,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,273/mo property income covering a $783/mo payment, not borrower’s personal income.
Townhouse
Built in 1974
871.20 sqft lot
$N/A/sqft
$4,200 annually 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: Jonathan Gillespie • Excalibur Homes, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7562410
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