2768 Honey Locust CtLoganvilleGA30052
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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 Loganville at 2768 Honey Locust Ct, Loganville, GA, 30052 priced at $372,695 converts $5,478/mo rent into $3,156/mo cash flow after a $1,824/mo obligation. Total monthly income equals $5,478/mo, and annual cash flow totals $37,868/yr on $123,548 invested. Return on cash invested prints 50.56% in year one, and rental yield reads 17.64% against a $372,695 entry. Equity gained on principal adds $2,405/yr, while 5% annual appreciation compiles into $102,969 by year five. Five-year ROI reaches 267.27% and total cumulative return in cash sums $330,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,478/mo property income covering a $1,824/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30052, Loganville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,301 (100%) |
| Owner Occupied HU | 22,354 (79.0%) |
| Renter Occupied HU | 4,851 (17.1%) |
| Vacant Housing Units | 1,096 ( 3.9%) |
| Median Home Value | $378,245 |
| Average Home Value | $422,253 |
Housing Distribution
Address Breakdown
Residential
27,813
Single Family
26,807
Multi-Family
1,006
Businesses
1,775
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Listed by: Dorian Lawrence • D.R. Horton Realty of GA Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10365903
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.