2965 Cordite LoopSnellvilleGA30039
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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 2965 Cordite Loop, Snellville, GA, 30039 listed at $349,500 pairs $2,422/mo rent with a $1,711/mo payment to leave $295/mo cash flow. Total monthly income runs $2,422/mo, and annual cash flow reaches $3,534/yr on $115,859 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 8.32% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 119.08% and total cumulative return in cash totals $137,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,422/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.50 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: Giang Nguyen • Virtual Properties Realty. Biz
Mls Name: FMLS GA
Mls ID: #7693695