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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Decatur at 2918 Santa Monica Dr, Decatur, GA, 30032 uses $74,588 cash to close to unlock $1,726/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $1,101/mo payment keeps the spread at $144/mo. Purchase price stands at $225,000, and rental yield measures 8.07% with $1,513/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 115.11% and total cumulative return in cash records $85,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30032, Decatur, GA area.
| 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 |
Residential
19,764
Single Family
16,823
Multi-Family
2,941
Businesses
1,018
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Salmons • Entera Realty, LLC
Mls Name: FMLS GA
Mls ID: #7615715
