358 Elgin Dr #161LawrencevilleGA30045
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 358 Elgin Dr #161, Lawrenceville, GA, 30045 generates $2,761/mo in rent and, after a $1,951/mo payment, leaves $120/mo in cash flow. Total monthly income is $2,761/mo, and annual cash flow is $1,439/yr on $132,162 invested. Return on cash invested sits at 21% in year one, and rental yield is 8.31% on a $398,680 entry. Equity gained on principal adds $2,573/yr, while 5% annual appreciation builds toward $110,148 over five years. Five-year ROI reaches 109.25% and total cumulative return in cash sums $144,381. 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tommy Boyd Jr • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7498400
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)