2340 Beaver Ruin Rd APT 16, Norcross, GA, 30071 | $385/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2340 Beaver Ruin Rd APT 16, Norcross, GA, 30071 | $385/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Norcross at 2340 Beaver Ruin Rd APT 16, Norcross, GA, 30071 uses $66,297 cash to close to unlock $4,616/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $1,602/mo, and a $979/mo payment keeps the spread at $385/mo. Purchase price stands at $199,990, and rental yield measures 9.61% with $1,602/mo rent. Return on cash invested shows 26.87% in year one, and 5% annual appreciation builds toward $55,254 over five years. Five-year ROI reaches 140.05% and total cumulative return in cash records $92,849. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,602/mo property income covering a $979/mo payment rather than investor’s personal income.

Condo

Built in 2019

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

Incredible Deal Alert in an incredible LOCATION CLOSE TO 85 AND Town Center Peachtree Corners! This beautifully rebuilt end-unit condo - everything is brand new ---like NEW Construction! Enjoy peace of mind with a NEW roof, NEW HVAC, NEW water heater, NEW furnace, NEW plumbing, NEW electrical and Fresh paint inside and out! Step inside to discover a fully updated interior featuring all-NEW finishes, including upgraded light fixtures throughout and stylish LVP flooring in the main and high-traffic areas. Plus NEW Management with great improvements on this community. Seize the opportunity!! Whether you're a savvy investor looking for a move-in-ready rental or a first-time buyer wanting a worry-free home, this one checks every box. No repairs, no surprises - move in and start living! Relax or entertain on the largest private patio in the community, and enjoy being part of sought-after schools. Bonus: Washer, dryer, and refrigerator included with a strong offer! Opportunities like this don't come often - priced below 200k! The seller is open to providing a refrigerator and offering concessions on closing costs with an acceptable offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 30071, Norcross, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,846 (100%)
Owner Occupied HU	4,559 (46.3%)
Renter Occupied HU	4,802 (48.8%)
Vacant Housing Units	485 ( 4.9%)
Median Home Value	$437,040
Average Home Value	$501,042