6603 Meadow Rue 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
Investment property for sale in Norcross at 6603 Meadow Rue Dr, Norcross, GA, 30092 uses $82,875 cash to close to unlock $5,185/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,224/mo payment keeps the spread at $432/mo. Purchase price stands at $250,000, and rental yield measures 9.38% with $1,954/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.29% and total cumulative return in cash records $112,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
3,049 sqft lot
$N/A/sqft
No 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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