2722 Runway Lake LnSnellvilleGA30039
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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 Snellville at 2722 Runway Lake Ln, Snellville, GA, 30039 earns $784/mo cash flow from $3,157/mo rent with a $1,908/mo payment. Total monthly income totals $3,157/mo, and annual cash flow totals $9,412/yr on $129,252 capital. ROI tracks 27.19% on current figures, and rental yield reads 9.72% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 141.77% and total cumulative return in cash sums $183,241. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,157/mo property income instead of your personal income.
Single Family
Built in 2004
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30039, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,870 (100%) |
| Owner Occupied HU | 12,095 (76.2%) |
| Renter Occupied HU | 3,299 (20.8%) |
| Vacant Housing Units | 476 ( 3.0%) |
| Median Home Value | $381,894 |
| Average Home Value | $418,775 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
15,605
Multi-Family
585
Businesses
833
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Listed by: Jacqueline Shaffer • Offerpad Brokerage, LLC.
Mls Name: FMLS GA
Mls ID: #7652614