405 Elgin DrLawrencevilleGA30045
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 405 Elgin Dr, Lawrenceville, GA, 30045 in Lawrenceville hard to pass up. The 13.22% gross yield on a $400,665 purchase results in $4,415/mo in rent and $1,976/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.45). Annual cash flow of $23,715, five-year appreciation of $110,696, and $3,690/yr in equity build-up combine for a projected total cumulative return of $278,928.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 7.0% |
| Monthly Cash Flow | $1,976 | $1,500 |
City averages based on Lawrenceville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,415 |
| Total Monthly Debt Service | $2,279 |
| DSCR Ratio | 1.94x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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
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
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No 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