2474 Oak Grove VisDecaturGA30033
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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 2474 Oak Grove Vis, Decatur, GA, 30033 priced at $544,000 converts $3,656/mo rent into $30/mo cash flow after a $2,663/mo obligation. Total monthly income equals $3,656/mo, and annual cash flow totals $365/yr on $178,976 invested. Return on cash invested prints 20.26% in year one, and rental yield reads 8.06% against a $544,000 entry. Equity gained on principal adds $3,510/yr, while 5% annual appreciation compiles into $150,297 by year five. Five-year ROI reaches 105.34% and total cumulative return in cash sums $188,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,656/mo property income covering a $2,663/mo payment, not borrower’s personal income.
Townhouse
Built in 2003
0.30 Acres lot
$N/A/sqft
$1,350 semi-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: Alex Worrell • Keller Williams Realty Chattahoochee North, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7447055
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