318 Elgin DrLawrencevilleGA30045
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
Rental property for sale in Lawrenceville at 318 Elgin Dr, Lawrenceville, GA, 30045 generates $2,761/mo in rent and, after a $1,881/mo payment, leaves $207/mo in cash flow. Total monthly income is $2,761/mo, and annual cash flow is $2,483/yr on $127,427 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 8.62% on a $384,395 entry. Equity gained on principal adds $2,480/yr, while 5% annual appreciation builds toward $106,201 over five years. Five-year ROI reaches 113.88% and total cumulative return in cash sums $145,116. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,761/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$215 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30045, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,548 (100%) |
| Owner Occupied HU | 10,985 (81.1%) |
| Renter Occupied HU | 2,192 (16.2%) |
| Vacant Housing Units | 371 ( 2.7%) |
| Median Home Value | $407,842 |
| Average Home Value | $438,668 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
13,653
Multi-Family
31
Businesses
245
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Listed by: Tommy Boyd Jr • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7431945
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