2853 Franklin RdLawrencevilleGA30044
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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 Lawrenceville at 2853 Franklin Rd, Lawrenceville, GA, 30044 uses $109,693 cash to close to unlock $7,076/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,604/mo, and a $1,620/mo payment keeps the spread at $590/mo. Purchase price stands at $330,900, and rental yield measures 9.44% with $2,604/mo rent. Return on cash invested shows 26.36% in year one, and 5% annual appreciation builds toward $91,422 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash records $150,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,604/mo property income covering a $1,620/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30044, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,135 (100%) |
| Owner Occupied HU | 19,639 (59.3%) |
| Renter Occupied HU | 12,389 (37.4%) |
| Vacant Housing Units | 1,107 ( 3.3%) |
| Median Home Value | $363,316 |
| Average Home Value | $395,437 |
Housing Distribution
Address Breakdown
Residential
31,132
Single Family
25,750
Multi-Family
5,382
Businesses
942
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Listed by: Syed Firoz • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls ID: #7681429