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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% |
Rental property for sale in Decatur at 3603 Manhattan Dr, Decatur, GA, 30034 generates $2,028/mo in rent and, after a $1,052/mo payment, leaves $491/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $5,886/yr on $71,239 invested. Return on cash invested sits at 28.17% in year one, and rental yield is 11.32% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 148.43% and total cumulative return in cash sums $105,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30034, Decatur, GA area.
| 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 |
Residential
18,620
Single Family
16,783
Multi-Family
1,837
Businesses
719
Date | Event | Price |
|---|---|---|
| 2025-01-25 | Price change | $214,900 |
| 2024-12-14 | Listed for sale | $219,900 |
| 2023-09-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $4537.02 | 31.36% | $94,360 | 33.73% |
| 2022-02-16 | $3453.88 | 33.98% | $70,560 | 39.45% |
| 2021-02-16 | $2577.84 | 16.41% | $50,600 | 19.57% |
Listed by: Philana Johnson • Philana Realty Services LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10427226
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 2025 GAMLS. All rights reserved.
