3607 Rainbow CirSnellvilleGA30039
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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 Snellville at 3607 Rainbow Cir, Snellville, GA, 30039 generates $2,120/mo in rent, after a $2,002/mo payment. Total monthly income is $2,120/mo. Return on cash invested sits at 16.64% in year one, and rental yield is 6.22% on a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 85.18% and total cumulative return in cash sums $115,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30039, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,870 (100%) |
| Owner Occupied HU | 12,095 (76.2%) |
| Renter Occupied HU | 3,299 (20.8%) |
| Vacant Housing Units | 476 ( 3.0%) |
| Median Home Value | $381,894 |
| Average Home Value | $418,775 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
15,605
Multi-Family
585
Businesses
833
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Listed by: Amy Price • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls ID: #7618648