Rent report generated Dec 13, 2024
The Rent Potential of
1968 Don Juan Ln Decatur, GA
is $1,100 – $1,800/mo.
Current Specs
2 Bed / 1 Bath
936 sqft
Single-Family
Built in 1949
Rent Comps
$1,100
$1,750
$1,800
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.
3 Listings
2 Bed / 1 Bath
850 - 1,000 sqft
Within 0.9 mi
Avg. Monthly Rent$1,550
Rent Advice
This single-family property in Decatur, GA, offers an interesting investment opportunity. With an average rent potential ranging from $1,100 to $1,800, the annual revenue could be between $13.2K and $21.6K. Given the list price of $169.9K, the estimated payback period is approximately 8-13 years. The neighborhood is experiencing renovations, indicating a positive trend. Features like central heating, hardwood floors, and a spacious lot enhance its appeal. However, being an estate sale requiring probate approval might delay transactions.
To boost rental income, consider modernizing the interior, especially the kitchen and bathroom, to align with current market trends. Adding amenities like in-unit laundry could also attract higher-paying tenants. If selling, emphasize the property's solid structure and potential for expansion due to the large lot size. Highlight the neighborhood's growth and the property's proximity to public transit and major roads.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.