202 Mimosa Dr NEDecaturGA30030
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 202 Mimosa Dr NE, Decatur, GA, 30030 generates $4,314/mo in rent, after a $4,551/mo payment. Total monthly income is $4,314/mo. Return on cash invested sits at 14.78% in year one, and rental yield is 5.57% on a $929,900 entry. Equity gained on principal adds $6,001/yr, while 5% annual appreciation builds toward $256,914 over five years. Five-year ROI reaches 75.18% and total cumulative return in cash sums $230,007. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30030, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 8,341 (51.0%) |
| Renter Occupied HU | 6,374 (39.0%) |
| Vacant Housing Units | 1,628 ( 10.0%) |
| Median Home Value | $656,926 |
| Average Home Value | $715,270 |
Housing Distribution
Address Breakdown
Residential
15,501
Single Family
10,405
Multi-Family
5,096
Businesses
1,256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices