4432 Wallace CirSnellvilleGA30039
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4432 Wallace Cir, Snellville, GA, 30039 in Snellville hard to pass up. The 10.87% gross yield on a $279,900 purchase results in $2,534/mo in rent and $756/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.01). Annual cash flow of $9,071, five-year appreciation of $77,331, and $2,578/yr in equity build-up combine for a projected total cumulative return of $159,448.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.0% |
| Monthly Cash Flow | $756 | $250 |
City averages based on Snellville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,534 |
| Total Monthly Debt Service | $1,592 |
| DSCR Ratio | 1.59x |
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.
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30039, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,870 (100%) |
| Owner Occupied HU | 12,095 (76.2%) |
| Renter Occupied HU | 3,299 (20.8%) |
| Vacant Housing Units | 476 ( 3.0%) |
| Median Home Value | $381,894 |
| Average Home Value | $418,775 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
15,605
Multi-Family
585
Businesses
833
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
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30039, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,870 (100%) |
| Owner Occupied HU | 12,095 (76.2%) |
| Renter Occupied HU | 3,299 (20.8%) |
| Vacant Housing Units | 476 ( 3.0%) |
| Median Home Value | $381,894 |
| Average Home Value | $418,775 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
15,605
Multi-Family
585
Businesses
833
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leidi Ruiz • La Rosa Realty Georgia LLC
Mls Name: GAMLS
Mls ID: #10687241