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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Norcross at 3553 Corners Way, Norcross, GA, 30092 generates $2,958/mo in rent and, after a $2,203/mo payment, leaves $219/mo in cash flow. Total monthly income is $2,958/mo, and annual cash flow is $2,625/yr on $149,175 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 7.89% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 112.15% and total cumulative return in cash sums $167,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,958/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30092, Norcross, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,016 (100%) |
| Owner Occupied HU | 7,828 (48.9%) |
| Renter Occupied HU | 7,389 (46.1%) |
| Vacant Housing Units | 799 ( 5.0%) |
| Median Home Value | $501,998 |
| Average Home Value | $540,934 |
Residential
15,207
Single Family
9,412
Multi-Family
5,795
Businesses
1,623
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DAVID KAUFMAN • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls ID: #7659368
