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Property Location

2893 Hermosa Drive, Decatur GA 30034

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List Price $45,000

Units adj 1

Price / Unit $45,000

2893 Hermosa Drive Decatur, GA 30034

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Build your dream home on this beautiful residential lot located in an established, well-maintained neighborhood in Decatur. Surrounded by well-cared-for homes and mature trees, this property offers an excellent opportunity for a custom build in a community that reflects pride of ownership. Enjoy a convenient location with easy access to I-20 and I-285, making commuting to Downtown Atlanta, Hartsfield-Jackson Atlanta International Airport, and surrounding areas a breeze. Outdoor enthusiasts will appreciate being just minutes from the Michelle Obama Trail, Exchange Park, and Fork Creek Mountain Park, while nearby shopping, dining, and entertainment—including The Gallery at South DeKalb and the Porter Sanford III Performing Arts & Community Center—provide everyday convenience. Whether you're looking to build your forever home or invest in a growing area, this lot offers the perfect combination of location, lifestyle, and opportunity.

Investment Notes — Decatur

Located in the Decatur, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $45,000 Verified

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario. Units adjusted (LIKELY_SFR_OR_MOBILE).

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

40%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Decatur. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7799827 · Listing courtesy of Keller Williams Realty Atl Partners, The Williams Team · 404-341-7337

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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