42 Joans CtLawrencevilleGA30046
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 Lawrenceville at 42 Joans Ct, Lawrenceville, GA, 30046 generates $2,502/mo in rent and, after a $1,713/mo payment, leaves $372/mo in cash flow. Total monthly income is $2,502/mo, and annual cash flow is $4,463/yr on $116,025 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 8.58% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.33% and total cumulative return in cash sums $143,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Grainger • Harry Norman Realtors
Mls Name: GAMLS
Mls ID: #10552140