2428 Mills BndDecaturGA30034
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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 2428 Mills Bnd, Decatur, GA, 30034 generates $2,816/mo in rent, after a $2,667/mo payment. Total monthly income is $2,816/mo. Return on cash invested sits at 14.39% in year one, and rental yield is 6.2% on a $544,900 entry. Equity gained on principal adds $3,516/yr, while 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 73.91% and total cumulative return in cash sums $132,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,816/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
$350 annually 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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Listed by: Dallas Snoderly • Keller Williams Realty Chattahoochee North, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7578302
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