1024 Reap LnLawrencevilleGA30043
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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 Lawrenceville at 1024 Reap Ln, Lawrenceville, GA, 30043 uses $141,186 cash to close to unlock $8,214/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $3,277/mo, and a $2,085/mo payment keeps the spread at $684/mo. Purchase price stands at $425,900, and rental yield measures 9.23% with $3,277/mo rent. Return on cash invested shows 25.73% in year one, and 5% annual appreciation builds toward $117,668 over five years. Five-year ROI reaches 133.91% and total cumulative return in cash records $189,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,277/mo property income covering a $2,085/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30043, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,665 (100%) |
| Owner Occupied HU | 21,202 (64.9%) |
| Renter Occupied HU | 9,851 (30.2%) |
| Vacant Housing Units | 1,612 ( 4.9%) |
| Median Home Value | $406,672 |
| Average Home Value | $458,504 |
Housing Distribution
Address Breakdown
Residential
31,750
Single Family
27,963
Multi-Family
3,787
Businesses
1,725
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Listed by: Sherry Seegulam • Nation One Realty Group, Inc.
Mls Name: GAMLS
Mls ID: #10676532