256 Springbottom CtLawrencevilleGA30046
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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 Lawrenceville at 256 Springbottom Ct, Lawrenceville, GA, 30046 priced at $261,000 converts $3,353/mo rent into $1,629/mo cash flow after a $1,277/mo obligation. Total monthly income equals $3,353/mo, and annual cash flow totals $19,551/yr on $86,522 invested. Return on cash invested prints 42.51% in year one, and rental yield reads 15.42% against a $261,000 entry. Equity gained on principal adds $1,684/yr, while 5% annual appreciation compiles into $72,109 by year five. Five-year ROI reaches 224.61% and total cumulative return in cash sums $194,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,353/mo property income covering a $1,277/mo payment, not borrower’s personal income.
Condo
Built in 2002
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30046, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,597 (100%) |
| Owner Occupied HU | 7,925 (50.8%) |
| Renter Occupied HU | 6,899 (44.2%) |
| Vacant Housing Units | 773 ( 5.0%) |
| Median Home Value | $372,969 |
| Average Home Value | $387,636 |
Housing Distribution
Address Breakdown
Residential
14,330
Single Family
11,961
Multi-Family
2,369
Businesses
2,406
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Listed by: David H Elrod • RE/MAX Legends
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7382328
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