8302 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
Investment property for sale in Decatur at 8302 Waldrop Pl, Decatur, GA, 30034 uses $36,465 cash to close to unlock $2,315/yr annual cash flow and $193/mo monthly cash flow. Total monthly income runs $862/mo, and a $538/mo payment keeps the spread at $193/mo. Purchase price stands at $110,000, and rental yield measures 9.4% with $862/mo rent. Return on cash invested shows 26.26% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.73% and total cumulative return in cash records $49,860. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $862/mo property income covering a $538/mo payment rather than investor’s personal income.
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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