657 Thornapple TrlLawrencevilleGA30046
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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 Lawrenceville at 657 Thornapple Trl, Lawrenceville, GA, 30046 offers $3,232/mo rent that, after a $2,275/mo payment, leaves $403/mo cash flow. Total monthly income is $3,232/mo, and annual cash flow is $4,836/yr on $154,114 cash. Return on cash invested measures 23.05% in year one, and rental yield stands at 8.34% at a $464,900 entry. Equity gained on principal adds $3,000/yr while 5% annual appreciation compounds into $128,443 by year five. Five-year ROI records 119.52% and total cumulative return in cash reaches $184,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,232/mo property income versus a $2,275/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30046, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,597 (100%) |
| Owner Occupied HU | 7,925 (50.8%) |
| Renter Occupied HU | 6,899 (44.2%) |
| Vacant Housing Units | 773 ( 5.0%) |
| Median Home Value | $372,969 |
| Average Home Value | $387,636 |
Housing Distribution
Address Breakdown
Residential
14,330
Single Family
11,961
Multi-Family
2,369
Businesses
2,406
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Listed by: Amadu Funna • Redfin Corporation
Mls Name: FMLS GA
Mls ID: #7705042