2920 Lenora RdSnellvilleGA30039
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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 2920 Lenora Rd, Snellville, GA, 30039 uses $124,313 cash to close to unlock $5,725/yr annual cash flow and $477/mo monthly cash flow. Total monthly income runs $2,759/mo, and a $1,835/mo payment keeps the spread at $477/mo. Purchase price stands at $375,000, and rental yield measures 8.83% with $2,759/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 127.44% and total cumulative return in cash records $158,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,759/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.34 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: Tracey M Archer • Chapman Hall Professionals Realty
Mls Name: GAMLS
Mls ID: #10656234