5204 Waldrop PlDecaturGA30034
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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 5204 Waldrop Pl, Decatur, GA, 30034 offers $1,925/mo rent that, after a $521/mo payment, leaves $1,180/mo cash flow. Total monthly income is $1,925/mo, and annual cash flow is $14,162/yr on $35,305 cash. Return on cash invested measures 60.02% in year one, and rental yield stands at 21.69% at a $106,500 entry. Equity gained on principal adds $687/yr while 5% annual appreciation compounds into $29,424 by year five. Five-year ROI records 319.11% and total cumulative return in cash reaches $112,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,925/mo property income versus a $521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
$18 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30034, Decatur, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,620
Single Family
16,783
Multi-Family
1,837
Businesses
719
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