2202 Springdale DrSnellvilleGA30078
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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 Snellville at 2202 Springdale Dr, Snellville, GA, 30078 generates $2,526/mo in rent and, after a $1,654/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,526/mo, and annual cash flow is $5,631/yr on $112,047 invested. Return on cash invested sits at 24.93% in year one, and rental yield is 8.97% on a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 129.69% and total cumulative return in cash sums $145,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,526/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.93 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: Lauren Patty • Virtual Properties Realty.com
Mls Name: GAMLS
Mls ID: #10552974