804 E Glochester PlNorcrossGA30071
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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 Norcross at 804 E Glochester Pl, Norcross, GA, 30071 offers $2,550/mo rent that, after a $1,664/mo payment, leaves $481/mo cash flow. Total monthly income is $2,550/mo, and annual cash flow is $5,770/yr on $112,710 cash. Return on cash invested measures 25.03% in year one, and rental yield stands at 9% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 130.15% and total cumulative return in cash reaches $146,694. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,550/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30071, Norcross, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,846 (100%) |
| Owner Occupied HU | 4,559 (46.3%) |
| Renter Occupied HU | 4,802 (48.8%) |
| Vacant Housing Units | 485 ( 4.9%) |
| Median Home Value | $437,040 |
| Average Home Value | $501,042 |
Housing Distribution
Address Breakdown
Residential
8,841
Single Family
7,992
Multi-Family
849
Businesses
2,368
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Listed by: Lorena Garza • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7546181
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