401 Elgin DrLawrencevilleGA30045
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
Investment property for sale in Lawrenceville at 401 Elgin Dr, Lawrenceville, GA, 30045 at $400,450 posts ROI 32.65% with $1,410/mo cash flow from $3,865/mo rent. Total monthly income equals $3,865/mo, and annual cash flow records $16,918/yr on $132,749 to close. Return on cash invested measures 32.65% and rental yield reads 11.58% at the current $400,450. Equity gained on principal adds $2,584/yr, and 5% annual appreciation supports $110,637 by year five. Five-year ROI prints 171.09% and total cumulative return in cash totals $227,125.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
1,393 sqft lot
$N/A/sqft
$215 annually 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: Michael Pyne • D.R. Horton Realty of GA Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10279798
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.