417 E College Ave #302DecaturGA30030
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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 417 E College Ave #302, Decatur, GA, 30030 uses $210,231 cash to close to unlock $3,066/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $4,145/mo, and a $3,128/mo payment keeps the spread at $256/mo. Purchase price stands at $639,000, and rental yield measures 7.78% with $4,145/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $176,544 over five years. Five-year ROI reaches 111.31% and total cumulative return in cash records $234,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,145/mo property income covering a $3,128/mo payment rather than investor’s personal income.
Condo
Built in 2022
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30030, Decatur, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,343 (100%) |
| Owner Occupied HU | 8,341 (51.0%) |
| Renter Occupied HU | 6,374 (39.0%) |
| Vacant Housing Units | 1,628 ( 10.0%) |
| Median Home Value | $656,926 |
| Average Home Value | $715,270 |
Housing Distribution
Address Breakdown
Residential
15,501
Single Family
10,405
Multi-Family
5,096
Businesses
1,256
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