3198 Pate RdSnellvilleGA30078
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 3198 Pate Rd, Snellville, GA, 30078 in Snellville. Rental yield 7.24%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $93,936 and $3,131/yr in principal reduction project total return of $127,595.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 7.0% |
| Monthly Cash Flow | $(18) | $250 |
City averages based on Snellville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,051 |
| Total Monthly Debt Service | $1,934 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30078, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,762 (100%) |
| Owner Occupied HU | 10,404 (75.6%) |
| Renter Occupied HU | 2,978 (21.6%) |
| Vacant Housing Units | 380 ( 2.8%) |
| Median Home Value | $374,972 |
| Average Home Value | $453,640 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
13,646
Multi-Family
419
Businesses
1,708
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
Single Family
Built in 1975
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30078, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,762 (100%) |
| Owner Occupied HU | 10,404 (75.6%) |
| Renter Occupied HU | 2,978 (21.6%) |
| Vacant Housing Units | 380 ( 2.8%) |
| Median Home Value | $374,972 |
| Average Home Value | $453,640 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
13,646
Multi-Family
419
Businesses
1,708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices