524 W College AveDecaturGA30030
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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 524 W College Ave, Decatur, GA, 30030 priced at $1,100,000 converts $3,498/mo rent into after a $5,384/mo obligation. Total monthly income equals $3,498/mo. Return on cash invested prints 9.61% in year one, and rental yield reads 3.82% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 47.36% and total cumulative return in cash sums $168,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,498/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 1915
10,454 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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