2427 Lawrenceville Hwy APT 8DecaturGA30033
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 2427 Lawrenceville Hwy APT 8, Decatur, GA, 30033 generates $1,536/mo in rent and, after a $710/mo payment, leaves $409/mo in cash flow. Total monthly income is $1,536/mo, and annual cash flow is $4,912/yr on $48,067 invested. Return on cash invested sits at 30.13% in year one, and rental yield is 12.71% on a $144,999 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 159.79% and total cumulative return in cash sums $76,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,536/mo property income rather than buyer’s personal income.
Condo
Built in 1964
435.60 sqft lot
$N/A/sqft
$1,980 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30033, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,938 (100%) |
| Owner Occupied HU | 8,684 (51.3%) |
| Renter Occupied HU | 6,875 (40.6%) |
| Vacant Housing Units | 1,379 ( 8.1%) |
| Median Home Value | $464,558 |
| Average Home Value | $519,924 |
Housing Distribution
Address Breakdown
Residential
16,474
Single Family
11,096
Multi-Family
5,378
Businesses
913
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Listed by: Igor Vazhenin • Realty Professionals
Mls Name: GAMLS
Mls Provider:
Mls ID: #10399988
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.