510 E Ponce De Leon Ave APT JDecaturGA30030
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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 E Ponce De Leon Ave APT J, Decatur, GA, 30030 priced at $529,000 converts $3,376/mo rent into $157/mo cash flow after a $2,589/mo obligation. Total monthly income equals $3,376/mo, and annual cash flow totals $1,879/yr on $174,041 invested. Return on cash invested prints 21.14% in year one, and rental yield reads 7.66% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 109.27% and total cumulative return in cash sums $190,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,376/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Townhouse
Built in 1974
1,306 sqft 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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