4854 Michael Jay StSnellvilleGA30039
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4854 Michael Jay St, Snellville, GA, 30039 in Snellville. Priced at $399,900, it generates $4,991/mo in gross rent and $2,463/mo in net monthly cash flow, a 14.98% yield that comfortably supports the 2.78 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $29,560. Five-year appreciation: $110,485. Equity from principal paydown: $3,683/yr. Total projected cumulative return: $310,405.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 7.0% |
| Monthly Cash Flow | $2,463 | $250 |
City averages based on Snellville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,991 |
| Total Monthly Debt Service | $2,368 |
| DSCR Ratio | 2.11x |
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 2006
9,583 sqft lot
$N/A/sqft
$495 annually 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 2006
9,583 sqft lot
$N/A/sqft
$495 annually 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