650 Walnut Creek DrLilburnGA30047
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
Investment Highlights
Rental property for sale in Lilburn at 650 Walnut Creek Dr, Lilburn, GA, 30047 priced at $395,000 converts $2,921/mo rent into $517/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,921/mo, and annual cash flow totals $6,207/yr on $130,943 invested. Return on cash invested prints 24.65% in year one, and rental yield reads 8.87% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 128.15% and total cumulative return in cash sums $167,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,921/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30047, Lilburn, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,324 (100%) |
| Owner Occupied HU | 17,321 (74.3%) |
| Renter Occupied HU | 5,360 (23.0%) |
| Vacant Housing Units | 643 ( 2.8%) |
| Median Home Value | $389,123 |
| Average Home Value | $423,728 |
Housing Distribution
Address Breakdown
Residential
22,344
Single Family
20,381
Multi-Family
1,963
Businesses
1,608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices