510 Coventry Rd APT 8ADecaturGA30030
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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
Rental property for sale in Decatur at 510 Coventry Rd APT 8A, Decatur, GA, 30030 offers $1,825/mo rent that, after a $1,099/mo payment, leaves $120/mo cash flow. Total monthly income is $1,825/mo, and annual cash flow is $1,446/yr on $74,422 cash. Return on cash invested measures 21.85% in year one, and rental yield stands at 9.76% at a $224,500 entry. Equity gained on principal adds $1,449/yr while 5% annual appreciation compounds into $62,025 by year five. Five-year ROI records 115.12% and total cumulative return in cash reaches $85,676. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,825/mo property income versus a $1,099/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1963
640.33 sqft lot
$N/A/sqft
$338 monthly 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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Listed by: Mary Glenn Landt • Keller Williams Realty Metro Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7430931
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