661 N Parkwood Rd #ADecaturGA30030
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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 661 N Parkwood Rd #A, Decatur, GA, 30030 with 5% annual appreciation on a $390,000 basis while $3,029/mo rent supports operations. Total monthly income totals $3,029/mo and a $1,909/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,863/yr on $129,285 deployed, and return on cash invested reaches 25.99% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 9.32%. Five-year ROI measures 135.34% and total cumulative return in cash totals $174,980.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,029/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1985
871.20 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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