1175 Forest Vale DrNorcrossGA30093
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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 1175 Forest Vale Dr, Norcross, GA, 30093 generates $2,148/mo in rent, after a $4,160/mo payment. Total monthly income is $2,148/mo. Return on cash invested sits at 7.08% in year one, and rental yield is 3.03% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 33.89% and total cumulative return in cash sums $94,774. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Multi Family
Built in 1972
0.41 Acres 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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