1864 North RdSnellvilleGA30078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Snellville at 1864 North Rd, Snellville, GA, 30078 priced at $379,900 pairs $3,637/mo rent with $1,283/mo cash flow after a $1,859/mo payment. Total monthly income equals $3,637/mo, and annual cash flow comes to $15,394/yr on $125,937 invested. Return on cash invested is 32.13% in year one, and rental yield stands at 11.49% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 168.39% and total cumulative return in cash reaches $212,069. For financing, Ziffy Mortgage’s DSCR program evaluates $3,637/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30078, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,762 (100%) |
| Owner Occupied HU | 10,404 (75.6%) |
| Renter Occupied HU | 2,978 (21.6%) |
| Vacant Housing Units | 380 ( 2.8%) |
| Median Home Value | $374,972 |
| Average Home Value | $453,640 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
13,646
Multi-Family
419
Businesses
1,708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug Minton • Keller Williams Realty Atl Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7447980
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)