8373 Lake DrSnellvilleGA30039
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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 Snellville at 8373 Lake Dr, Snellville, GA, 30039 offers a 10.41% rental yield on a $249,000 purchase with $2,161/mo rent. Total monthly income registers $2,161/mo, and a $1,219/mo payment leaves $319/mo available for distribution. Annual cash flow reaches $3,828/yr on $82,544 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 129.29% and total cumulative return in cash at $106,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,161/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.26 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30039, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,870 (100%) |
| Owner Occupied HU | 12,095 (76.2%) |
| Renter Occupied HU | 3,299 (20.8%) |
| Vacant Housing Units | 476 ( 3.0%) |
| Median Home Value | $381,894 |
| Average Home Value | $418,775 |
Housing Distribution
Address Breakdown
Residential
16,190
Single Family
15,605
Multi-Family
585
Businesses
833
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Listed by: Donna Edmond • Brandywine Homes Usa, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7647915
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