398 Lockridge LnLawrencevilleGA30046
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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
Investment property for sale in Lawrenceville at 398 Lockridge Ln, Lawrenceville, GA, 30046 listed at $330,000 pairs $2,770/mo rent with a $1,615/mo payment to leave $762/mo cash flow. Total monthly income runs $2,770/mo, and annual cash flow reaches $9,141/yr on $109,395 cash to close. Return on cash invested measures 28.26% in year one, and rental yield registers 10.07% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 147.52% and total cumulative return in cash totals $161,375. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,770/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30046, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,597 (100%) |
| Owner Occupied HU | 7,925 (50.8%) |
| Renter Occupied HU | 6,899 (44.2%) |
| Vacant Housing Units | 773 ( 5.0%) |
| Median Home Value | $372,969 |
| Average Home Value | $387,636 |
Housing Distribution
Address Breakdown
Residential
14,330
Single Family
11,961
Multi-Family
2,369
Businesses
2,406
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Listed by: Bonds Realty Group • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls ID: #10617181