2181 Boone PlSnellvilleGA30078
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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 Snellville at 2181 Boone Pl, Snellville, GA, 30078 uses $92,787 cash to close to unlock $7,205/yr annual cash flow and $600/mo monthly cash flow. Total monthly income runs $2,304/mo, and a $1,370/mo payment keeps the spread at $600/mo. Purchase price stands at $279,900, and rental yield measures 9.88% with $2,304/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 144.37% and total cumulative return in cash records $133,957. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,304/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.25 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
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Listed by: The Phillips Brothers • Bolst, Inc.
Mls Name: FMLS GA
Mls ID: #7702751