4149 Spring Cove DrDuluthGA30097
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 Duluth at 4149 Spring Cove Dr, Duluth, GA, 30097 generates $2,826/mo in rent and, after a $1,591/mo payment, leaves $620/mo in cash flow. Total monthly income is $2,826/mo, and annual cash flow is $7,437/yr on $107,738 invested. Return on cash invested sits at 26.81% in year one, and rental yield is 10.43% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 140.64% and total cumulative return in cash sums $151,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,826/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
1,742 sqft lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30097, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 13,116 (64.5%) |
| Renter Occupied HU | 6,115 (30.1%) |
| Vacant Housing Units | 1,104 ( 5.4%) |
| Median Home Value | $582,674 |
| Average Home Value | $671,187 |
Housing Distribution
Address Breakdown
Residential
19,478
Single Family
15,466
Multi-Family
4,012
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jane Mentzer • Ansley Real Estate Christie's Int. Real Estate
Mls Name: NGBOR
Mls ID: #416371
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.