1097 Rock Creek LnNorcrossGA30093
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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
Rental property for sale in Norcross at 1097 Rock Creek Ln, Norcross, GA, 30093 priced at $186,000 converts $1,466/mo rent into $334/mo cash flow after a $910/mo obligation. Total monthly income equals $1,466/mo, and annual cash flow totals $4,012/yr on $61,659 invested. Return on cash invested prints 26.42% in year one, and rental yield reads 9.46% against a $186,000 entry. Equity gained on principal adds $1,200/yr, while 5% annual appreciation compiles into $51,388 by year five. Five-year ROI reaches 137.62% and total cumulative return in cash sums $84,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,466/mo property income covering a $910/mo payment, not borrower’s personal income.
Townhouse
Built in 1989
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30093, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,926 (100%) |
| Owner Occupied HU | 6,195 (31.1%) |
| Renter Occupied HU | 12,706 (63.8%) |
| Vacant Housing Units | 1,025 ( 5.1%) |
| Median Home Value | $300,549 |
| Average Home Value | $313,441 |
Housing Distribution
Address Breakdown
Residential
18,606
Single Family
10,264
Multi-Family
8,342
Businesses
1,932
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