2820 Spring Ridge CirSnellvilleGA30039
Nearby investment properties with comparable rents
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
Investment property for sale in Snellville at 2820 Spring Ridge Cir, Snellville, GA, 30039 earns $541/mo cash flow from $2,732/mo rent with a $1,762/mo payment. Total monthly income totals $2,732/mo, and annual cash flow totals $6,492/yr on $119,340 capital. ROI tracks 25.35% on current figures, and rental yield reads 9.11% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash sums $157,377. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,732/mo property income instead of your personal income.
Single Family
Built in 1986
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arthur Chung • EveryState
Mls Name: GAMLS
Mls ID: #10649999