6111 Forest Hills DrNorcrossGA30092
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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
Rental property for sale in Norcross at 6111 Forest Hills Dr, Norcross, GA, 30092 offers $2,815/mo rent that, after a $2,348/mo payment. Total monthly income is $2,815/mo. Return on cash invested measures 17.08% in year one, and rental yield stands at 7.04% at a $479,800 entry. Equity gained on principal adds $3,096/yr while 5% annual appreciation compounds into $132,560 by year five. Five-year ROI records 88.3% and total cumulative return in cash reaches $140,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,815/mo property income versus a $2,348/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
4,356 sqft lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30092, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,016 (100%) |
| Owner Occupied HU | 7,828 (48.9%) |
| Renter Occupied HU | 7,389 (46.1%) |
| Vacant Housing Units | 799 ( 5.0%) |
| Median Home Value | $501,998 |
| Average Home Value | $540,934 |
Housing Distribution
Address Breakdown
Residential
15,207
Single Family
9,412
Multi-Family
5,795
Businesses
1,623
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