248 Tulip LnLawrencevilleGA30045
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Nearby investment properties with comparable prices
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 Lawrenceville at 248 Tulip Ln, Lawrenceville, GA, 30045 priced at $350,000 pairs $2,599/mo rent with $469/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,599/mo, and annual cash flow comes to $5,627/yr on $116,025 invested. Return on cash invested is 24.76% in year one, and rental yield stands at 8.91% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 128.7% and total cumulative return in cash reaches $149,330. For financing, Ziffy Mortgage’s DSCR program evaluates $2,599/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30045, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,548 (100%) |
| Owner Occupied HU | 10,985 (81.1%) |
| Renter Occupied HU | 2,192 (16.2%) |
| Vacant Housing Units | 371 ( 2.7%) |
| Median Home Value | $407,842 |
| Average Home Value | $438,668 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
13,653
Multi-Family
31
Businesses
245
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Listed by: Jonathan Mikula • Sanders Real Estate
Mls Name: GAMLS
Mls ID: #10650930