6499 Panasa CtNorcrossGA30093
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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 6499 Panasa Ct, Norcross, GA, 30093 uses $172,725 cash to close to unlock $4,780/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $3,594/mo, and a $2,570/mo payment keeps the spread at $398/mo. Purchase price stands at $525,000, and rental yield measures 8.21% with $3,594/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 118.34% and total cumulative return in cash records $204,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,594/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
No 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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