124 Kelly StNorcrossGA30071
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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 Norcross at 124 Kelly St, Norcross, GA, 30071 uses $246,717 cash to close to unlock $1,204/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $4,664/mo, and a $3,670/mo payment keeps the spread at $100/mo. Purchase price stands at $749,900, and rental yield measures 7.46% with $4,664/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 106.1% and total cumulative return in cash records $261,778. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,664/mo property income covering a $3,670/mo payment rather than investor’s personal income.
Single Family
Built in 2015
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30071, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 4,559 (46.3%) |
| Renter Occupied HU | 4,802 (48.8%) |
| Vacant Housing Units | 485 ( 4.9%) |
| Median Home Value | $437,040 |
| Average Home Value | $501,042 |
Housing Distribution
Address Breakdown
Residential
8,841
Single Family
7,992
Multi-Family
849
Businesses
2,368
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