1312 Fern Ridge Ct #78NorcrossGA30093
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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 1312 Fern Ridge Ct #78, Norcross, GA, 30093 earns from $2,148/mo rent with a $2,098/mo payment. Total monthly income totals $2,148/mo. ROI tracks 14.88% on current figures, and rental yield reads 6.01% at a $428,550 purchase. Equity gained on principal adds $2,765/yr, and 5% annual appreciation supports $118,400 over five years. Five-year ROI reaches 76.16% and total cumulative return in cash sums $108,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,148/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$135 monthly 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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Listed by: PHIL NARDONE • Peggy Slappey Properties Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7529012
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