690 Springlake RdLawrencevilleGA30045
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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 Lawrenceville at 690 Springlake Rd, Lawrenceville, GA, 30045 offers a 8.15% rental yield on a $325,000 purchase with $2,206/mo rent. Total monthly income registers $2,206/mo, and a $1,591/mo payment leaves $228/mo available for distribution. Annual cash flow reaches $2,733/yr on $107,738 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 116.31% and total cumulative return in cash at $125,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,206/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30045, Lawrenceville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,548 (100%) |
| Owner Occupied HU | 10,985 (81.1%) |
| Renter Occupied HU | 2,192 (16.2%) |
| Vacant Housing Units | 371 ( 2.7%) |
| Median Home Value | $407,842 |
| Average Home Value | $438,668 |
Housing Distribution
Address Breakdown
Residential
13,684
Single Family
13,653
Multi-Family
31
Businesses
245
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Listed by: Omar Garcia Ciriaco • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls ID: #7697138