2166 Lake Ridge TerLawrencevilleGA30043
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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 Lawrenceville at 2166 Lake Ridge Ter, Lawrenceville, GA, 30043 generates $4,121/mo in rent and, after a $2,373/mo payment, leaves $1,170/mo in cash flow. Total monthly income is $4,121/mo, and annual cash flow is $14,042/yr on $160,744 invested. Return on cash invested sits at 28.64% in year one, and rental yield is 10.2% on a $484,900 entry. Equity gained on principal adds $3,129/yr, while 5% annual appreciation builds toward $133,969 over five years. Five-year ROI reaches 149.57% and total cumulative return in cash sums $240,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,121/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30043, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,665 (100%) |
| Owner Occupied HU | 21,202 (64.9%) |
| Renter Occupied HU | 9,851 (30.2%) |
| Vacant Housing Units | 1,612 ( 4.9%) |
| Median Home Value | $406,672 |
| Average Home Value | $458,504 |
Housing Distribution
Address Breakdown
Residential
31,750
Single Family
27,963
Multi-Family
3,787
Businesses
1,725
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Listed by: Demetri Clark • Virtual Properties Realty. Biz
Mls Name: FMLS GA
Mls ID: #7648557