42 Springbottom DrLawrencevilleGA30046
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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 Springbottom Dr, Lawrenceville, GA, 30046 priced at $300,000 converts $2,398/mo rent into $322/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,398/mo, and annual cash flow totals $3,864/yr on $99,450 invested. Return on cash invested prints 23.79% in year one, and rental yield reads 9.59% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 124.63% and total cumulative return in cash sums $123,948. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,398/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2000
435.60 sqft lot
$N/A/sqft
$1,500 annually 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: Shon Griffin • Virtual Properties Realty.com
Mls Name: GAMLS
Mls Provider:
Mls ID: #10410627
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