Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4077 Ballina Dr Decatur, GA 30034
    Back to Search
    Property profile & analytics

    4077 Ballina Dr Decatur, GA 30034

    View on Map
    • Residential income homes
    Off-Market
    Property ID
    US22-0576309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 4077 Ballina Dr

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a portfolio of fifteen single-family rental homes strategically located throughout the high-demand Atlanta metro area, encompassing Decatur, Forest Park, Jonesboro, Douglasville, Stockbridge, Ellenwood, Riverdale, Union City, Morrow, and Lithonia, Georgia. The portfolio boasts a total of 15 properties, a mix of three and four-bedroom homes, generating a substantial gross annual rent of $289,620. The current net operating income (NOI) stands at $177,183, yielding a compelling 3.75% cap rate. Significant value appreciation potential exists due to the properties' location in areas with strong rental demand and the current below-market rents, offering immediate upside. Recent updates and renovations include interior improvements, upgraded landscaping, and well-maintained exteriors. All units feature tile, carpet, or luxury vinyl tile (LVT) flooring. Tenants are qualified and stable, with separate meters and systems ensuring tenants cover all utilities. Landscaping maintenance is the responsibility of the tenants. This turnkey portfolio offers a rare opportunity for investors seeking immediate cash flow and long-term growth in a thriving rental market. The asking price for this exceptional investment is $4,475,000. Specific addresses are available upon request. Please note that appointments are required for viewings, and tenants should not be disturbed.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Decatur
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.2210604
    Latitude
    33.6869968

    Comparable in this City

    • $300,000
      1,926 SF

      Decatur Rental Property with Tenant

      Cash-flowing Decatur rental property with long-term tenant in place.
      3766 Conley Downs Ln, Decatur, GA 30034
      View Details
    • $299,900
      Pending

      Decatur Ranch Home Investment Opportunity

      Completely rebuilt Decatur home with tenant or owner-occupancy options.
      3036 Crabapple Cir, Decatur, GA 30034
      View Details
    • $350,000
      0.79 Acres

      Decatur Industrial Property - Huge Potential

      Versatile Commercial Space, Prime Location, 0.79 Acres
      4147 Flat Shoals Pkwy, Decatur, GA 30034
      View Details
    • $525,000

      Decatur Land Parcel For Sale

      Corner lot near I-285 with high traffic volume.
      3701 Flat Shoals Rd, Decatur, GA 30034
      View Details
    • $2,000,000

      Decatur Church Campus For Sale

      Church campus on 5.51 acres in a growth corridor.
      4211 Flat Shoals Pkwy, Decatur, GA 30034
      View Details
    • $800,000
      6.64 Acres

      Undeveloped Land in Dekalb County

      6.32-acre parcel suitable for residential or commercial development.
      3632 Panthersville Rd, Decatur, GA 30034
      View Details

    Similar Nearby for Sale

    • $299,900
      Pending

      Decatur Ranch Home Investment Opportunity

      Completely rebuilt Decatur home with tenant or owner-occupancy options.
      3036 Crabapple Cir, Decatur, GA 30034
      View Details
    • $300,000
      1,926 SF

      Decatur Rental Property with Tenant

      Cash-flowing Decatur rental property with long-term tenant in place.
      3766 Conley Downs Ln, Decatur, GA 30034
      View Details
    • $800,000
      6.64 Acres

      Undeveloped Land in Dekalb County

      6.32-acre parcel suitable for residential or commercial development.
      3632 Panthersville Rd, Decatur, GA 30034
      View Details
    • $85,000
      0.96 Acres

      Decatur Residential Lot Opportunity

      One-acre residential lot in Decatur, perfect for building or investment.
      2922 Snapfinger Rd, Decatur, GA 30034
      View Details
    • $495,000
      1,696 SF

      Decatur Commercial Building For Sale

      Stand-alone commercial building in Decatur, Georgia, suitable for various uses.
      2612 Rainbow Way, Decatur, GA 30034
      View Details
    • Contact for pricing
      9,180 SF

      Retail Building Near I-20

      9,180 SF retail building with excellent connectivity and high visibility.
      2480 Snapfinger Rd, Decatur, GA 30034
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Restaurant Spaces Available

      Retail, restaurant, and anchor spaces for lease near Atlanta.
      2801 Candler Rd, Decatur, GA 30034
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease at 4920 Flat Shoals Pkwy.
      4920 Flat Shoals Pkwy, Decatur, GA 30034
      View Details
    • Contact for pricing

      Decatur Retail Spaces Available

      Retail spaces available, ranging from 270 to 176,000 SqFt.
      2801 Candler Rd, Decatur, GA 30034
      View Details
    • Contact for pricing

      Publix Anchored Retail Center

      Highly visible retail center in a densely populated area.
      3649 Flakes Mill Rd, Decatur, GA 30034
      View Details
    • Contact for pricing

      Outparcel Site on Highway 155

      1.510 acre outparcel site adjacent to Highway 155.
      4985 Flat Shoals Pkwy, Decatur, GA 30034
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4077 Ballina Dr
    Decatur, GA 30034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4077 Ballina Dr, Decatur, GA, 30034
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!