2824 Langford Commons DrNorcrossGA30071
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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 Norcross at 2824 Langford Commons Dr, Norcross, GA, 30071 uses $124,313 cash to close to unlock $16,201/yr annual cash flow and $1,350/mo monthly cash flow. Total monthly income runs $3,632/mo, and a $1,835/mo payment keeps the spread at $1,350/mo. Purchase price stands at $375,000, and rental yield measures 11.62% with $3,632/mo rent. Return on cash invested shows 32.94% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 172.63% and total cumulative return in cash records $214,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,632/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30071, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 4,559 (46.3%) |
| Renter Occupied HU | 4,802 (48.8%) |
| Vacant Housing Units | 485 ( 4.9%) |
| Median Home Value | $437,040 |
| Average Home Value | $501,042 |
Housing Distribution
Address Breakdown
Residential
8,841
Single Family
7,992
Multi-Family
849
Businesses
2,368
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