232 Brittany Ct #232DuluthGA30096
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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 Duluth at 232 Brittany Ct #232, Duluth, GA, 30096 generates $2,088/mo in rent and, after a $1,217/mo payment, leaves $296/mo in cash flow. Total monthly income is $2,088/mo, and annual cash flow is $3,549/yr on $82,411 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 10.08% on a $248,600 entry. Equity gained on principal adds $1,604/yr, while 5% annual appreciation builds toward $68,684 over five years. Five-year ROI reaches 127.28% and total cumulative return in cash sums $104,894. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,088/mo property income rather than buyer’s personal income.
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$3,348 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30096, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,864 (100%) |
| Owner Occupied HU | 12,293 (41.2%) |
| Renter Occupied HU | 15,916 (53.3%) |
| Vacant Housing Units | 1,655 ( 5.5%) |
| Median Home Value | $397,770 |
| Average Home Value | $442,968 |
Housing Distribution
Address Breakdown
Residential
28,517
Single Family
16,853
Multi-Family
11,664
Businesses
3,554
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Listed by: Yun Y. Qian • Chapman Hall Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10377447
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.