711 Glenleaf 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 711 Glenleaf Dr, Norcross, GA, 30092 listed at $240,000 pairs $1,813/mo rent with a $1,175/mo payment to leave $352/mo cash flow. Total monthly income runs $1,813/mo, and annual cash flow reaches $4,224/yr on $79,560 cash to close. Return on cash invested measures 25.22% in year one, and rental yield registers 9.06% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 131.15% and total cumulative return in cash totals $104,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,813/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
435.60 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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