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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Norcross at 6691 Colchester Pl, Norcross, GA, 30093 offers a 10.79% rental yield on a $175,000 purchase with $1,573/mo rent. Total monthly income registers $1,573/mo, and a $857/mo payment leaves $428/mo available for distribution. Annual cash flow reaches $5,137/yr on $58,013 to close, and return on cash invested stands at 28.76% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 150.87% and total cumulative return in cash at $87,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,573/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30093, Norcross, GA area.
| 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 |
Residential
18,606
Single Family
10,264
Multi-Family
8,342
Businesses
1,932
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $175,000 |
| 2025-03-26 | Listing removed | $1,400 |
| 2025-01-10 | Listed for rent | $1,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $2403.76 | 12.13% | $59,120 | 13.69% |
| 2023-04-01 | $2143.70 | 66.07% | $52,000 | 32.79% |
| 2022-04-01 | $1290.86 | 11.21% | $39,160 | 19.98% |
Listed by: Matthew Martin • PMI Georgia
Mls Name: GAMLS
Mls Provider:
Mls ID: #10489451
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
