Carmine Plan, Scenic WalkSnellvilleGA30078
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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 Snellville at Carmine Plan, Scenic Walk, Snellville, GA, 30078 priced at $374,990 pairs $3,799/mo rent with $1,517/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,799/mo, and annual cash flow comes to $18,206/yr on $124,309 invested. Return on cash invested is 34.55% in year one, and rental yield stands at 12.16% on a $374,990 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,603 by year five. Five-year ROI measures 181.27% and total cumulative return in cash reaches $225,336. For financing, Ziffy Mortgage’s DSCR program evaluates $3,799/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30078, Snellville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,762 (100%) |
| Owner Occupied HU | 10,404 (75.6%) |
| Renter Occupied HU | 2,978 (21.6%) |
| Vacant Housing Units | 380 ( 2.8%) |
| Median Home Value | $374,972 |
| Average Home Value | $453,640 |
Housing Distribution
Address Breakdown
Residential
14,065
Single Family
13,646
Multi-Family
419
Businesses
1,708
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Listed by: Stephen Kwan • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A