5343 Sherwin DrNorcrossGA30093
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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
Investment property for sale in Norcross at 5343 Sherwin Dr, Norcross, GA, 30093 offers a 9.6% rental yield on a $290,000 purchase with $2,320/mo rent. Total monthly income registers $2,320/mo, and a $1,419/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,204/yr on $96,135 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 121.92% and total cumulative return in cash at $117,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,320/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,306 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30093, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,926 (100%) |
| Owner Occupied HU | 6,195 (31.1%) |
| Renter Occupied HU | 12,706 (63.8%) |
| Vacant Housing Units | 1,025 ( 5.1%) |
| Median Home Value | $300,549 |
| Average Home Value | $313,441 |
Housing Distribution
Address Breakdown
Residential
18,606
Single Family
10,264
Multi-Family
8,342
Businesses
1,932
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Listed by: HOSSANA KEBEDE • Coldwell Banker Realty
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7676412
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