2899 Duncan PlDecaturGA30034
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 2899 Duncan Pl, Decatur, GA, 30034 priced at $320,000 converts $3,096/mo rent into $940/mo cash flow after a $1,566/mo obligation. Total monthly income equals $3,096/mo, and annual cash flow totals $11,285/yr on $106,080 invested. Return on cash invested prints 30.55% in year one, and rental yield reads 11.61% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 160.64% and total cumulative return in cash sums $170,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,096/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.29 Acres 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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Listed by: Eva Hockenberry • Mainstay Brokerage LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7551834
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