2301 Waldrop PlDecaturGA30034
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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 2301 Waldrop Pl, Decatur, GA, 30034 uses $33,150 cash to close to unlock $14,866/yr annual cash flow and $1,239/mo monthly cash flow. Total monthly income runs $1,847/mo, and a $489/mo payment keeps the spread at $1,239/mo. Purchase price stands at $100,000, and rental yield measures 22.16% with $1,847/mo rent. Return on cash invested shows 64.75% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 343.22% and total cumulative return in cash records $113,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $489/mo payment rather than investor’s personal income.
Condo
Built in 2004
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30034, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,328 (100%) |
| Owner Occupied HU | 10,789 (55.8%) |
| Renter Occupied HU | 7,033 (36.4%) |
| Vacant Housing Units | 1,506 ( 7.8%) |
| Median Home Value | $285,399 |
| Average Home Value | $334,643 |
Housing Distribution
Address Breakdown
Residential
18,620
Single Family
16,783
Multi-Family
1,837
Businesses
719
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