2426 Bailey DrNorcrossGA30071
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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 Norcross at 2426 Bailey Dr, Norcross, GA, 30071 earns $415/mo cash flow from $2,398/mo rent with a $1,595/mo payment. Total monthly income totals $2,398/mo, and annual cash flow totals $4,976/yr on $108,036 capital. ROI tracks 24.51% on current figures, and rental yield reads 8.83% at a $325,900 purchase. Equity gained on principal adds $2,103/yr, and 5% annual appreciation supports $90,040 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $137,659. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,398/mo property income instead of your personal income.
Single Family
Built in 1969
0.36 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,841
Single Family
7,992
Multi-Family
849
Businesses
2,368
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