2859 Lynda PlDecaturGA30032
Nearby investment properties with comparable rents
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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 2859 Lynda Pl, Decatur, GA, 30032 earns $965/mo cash flow from $2,111/mo rent with a $848/mo payment. Total monthly income totals $2,111/mo, and annual cash flow totals $11,583/yr on $57,449 capital. ROI tracks 40.07% on current figures, and rental yield reads 14.62% at a $173,300 purchase. Equity gained on principal adds $1,118/yr, and 5% annual appreciation supports $47,880 over five years. Five-year ROI reaches 211.58% and total cumulative return in cash sums $121,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,111/mo property income instead of your personal income.
Single Family
Built in 1955
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30032, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,318 (100%) |
| Owner Occupied HU | 9,917 (44.4%) |
| Renter Occupied HU | 9,221 (41.3%) |
| Vacant Housing Units | 3,180 (14.2%) |
| Median Home Value | $308,774 |
| Average Home Value | $358,486 |
Housing Distribution
Address Breakdown
Residential
19,764
Single Family
16,823
Multi-Family
2,941
Businesses
1,018
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Listed by: Andrea A Butcher • RealHome Services & Solutions
Mls Name: GAMLS
Mls Provider:
Mls ID: #10290859
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.