218 Forkner Dr APT FDecaturGA30030
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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 218 Forkner Dr APT F, Decatur, GA, 30030 priced at $450,000 pairs $3,538/mo rent with $799/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,538/mo, and annual cash flow comes to $9,585/yr on $149,175 invested. Return on cash invested is 26.33% in year one, and rental yield stands at 9.43% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 137.17% and total cumulative return in cash reaches $204,618. For financing, Ziffy Mortgage’s DSCR program evaluates $3,538/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1973
1,306 sqft 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
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