7302 Waldrop PlDecaturGA30034
Nearby investment properties with comparable rents
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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 7302 Waldrop Pl, Decatur, GA, 30034 priced at $115,000 pairs $900/mo rent with $105/mo cash flow after a $563/mo payment. Total monthly income equals $900/mo, and annual cash flow comes to $1,258/yr on $38,123 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 9.39% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 121.5% and total cumulative return in cash reaches $46,317. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
6,534 sqft lot
$N/A/sqft
No 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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Listed by: Teshuwah Price • Homesmart Realty Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7517112
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