718 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
Rental property for sale in Lawrenceville at 718 Springlake Rd, Lawrenceville, GA, 30045 priced at $500,000 converts $2,196/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,196/mo. Return on cash invested prints 13.78% in year one, and rental yield reads 5.27% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 69.85% and total cumulative return in cash sums $115,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1961
1 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: Ronald Cuadra • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls ID: #10568535