3500 Sweetwater Rd UNIT 714DuluthGA30096
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 Duluth at 3500 Sweetwater Rd UNIT 714, Duluth, GA, 30096 generates $2,153/mo in rent and, after a $1,444/mo payment, leaves $85/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $1,026/yr on $97,793 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.76% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 109.56% and total cumulative return in cash sums $107,138. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Condo
Built in 2004
435.60 sqft lot
$N/A/sqft
$272 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30096, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,864 (100%) |
| Owner Occupied HU | 12,293 (41.2%) |
| Renter Occupied HU | 15,916 (53.3%) |
| Vacant Housing Units | 1,655 ( 5.5%) |
| Median Home Value | $397,770 |
| Average Home Value | $442,968 |
Housing Distribution
Address Breakdown
Residential
28,517
Single Family
16,853
Multi-Family
11,664
Businesses
3,554
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erin Olivier • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7462796
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)