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4738 Anderson Livsey Lane Snellville, GA 30039

4 Beds 3 Baths 1,911 sqft Built 1977

$250,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $130.82
  • 69 Days on Market
  • MLS # : 6819304
  • Updated Date : 02/19/2021 at 11:43
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,911 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

If you are looking for privacy, this 1.5 acres private wooded and long drive way is the one for you with peace and quiet. This 4 side brick home offers you a new interior paint, new roof, and new HVAC system, wood floor on main and second level. With endless possibilities for your imaginations with this big land and private, the closest neighbor is about 2 blocks. 15 minute drive to Hwy 20 and Stonecrest Mall. Make it your home. PRICE REDUCTION HURRY IT WILL NOT LAST LONG WITH THIS NEW PRICE FOR CURRENT MARKET.

SEE MORE

MARKET HIGHLIGHTS

  • Atlanta metro employment growth is at 2.1% and predicted to grow at 2.0% in 2019 (USMayors.org, 2018)
  • #1 Most affordable big city (WalletHub, 2018)
  • As the largest share, Atlanta metro contributes to 69.3% of Georgia state economy i.e. Gross State Product (USMayors.org, 2018)
  • Atlanta metro's economy is worth $403 billion in Gross Metro Product and projected to grow to $426 billion in 2019 (USMayors.org, 2018)
  • Headquarters to twenty-six Fortune 500 companies: The Home Depot, UPS, Delta Air Lines, The Coca-Cola Company, SunTrust Banks, The Southern Company, AGCO, PulteGroup (Fortune, 2018/ Metro Atlanta Chamber)
  • Atlanta city attracted $1 billion venture capital in 2018. Venture capital flow has resulted in additional employment in technology areas. (USA Today, 2019).
  • #1 World’s Busiest Airport(Airports Council International, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • #1 Moving Destination in the Nation (Penske, 2018)

PRICE & RENT TRENDS

Zip Code: 30039

ZipNIR Market*CityMarket2010Year20002019110k120k130k140k150k160k170k180k190k200kPrice in $103k209k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 30039

ZipNIR Market*CityMarket2010Year20002019 Q295010001050110011501200125013001350140014501500Rent in $9251515

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Anderson-livsey Elementary School Primary Regular 822 53 5
Shiloh Middle School Middle Regular 1,844 112 6
Shiloh High School High Regular 2,238 126 4

Anderson-livsey Elementary School

  • Education Level: Primary
  • # of students: 822
  • # of teachers: 53
5
GreatSchools Rating

Shiloh Middle School

  • Education Level: Middle
  • # of students: 1,844
  • # of teachers: 112
6
GreatSchools Rating

Shiloh High School

  • Education Level: High
  • # of students: 2,238
  • # of teachers: 126
4
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$868
Property Tax -$318
Property Insurance -$64
Property Management Fees -$119
CASH FLOW
$20

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$250,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.56%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.52%
Appreciation Year (1-5) 8.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.33%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$10,663

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,390

    LIST RENT
  • $0.73

    LIST RENT PER SQFT
  • $1,457

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,255
1$1,2552$1,3003$1,3504$1,3905$1,415
$1,415
RENT COMPS ANALYSIS
  • 4738 Anderson Livsey Lane Snellville, GA 4
    • 4 beds 3 baths ∙ 1,911 Sqft ∙ Built 1977 4 beds 3 baths ∙ 1,911 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.73
    •  
  • 4480 Joseph Drive Snellville, GA 1
    • 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 1990 4 beds 2 baths ∙ 1,728 Sqft ∙ Built 1990
    LEASED 08/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,255
    • $0.73
    •  
  • 3928 Centerville Highway Snellville, GA 2
    • 3 beds 2 baths ∙ 1,705 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,705 Sqft ∙ Built 1980
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.76
    •  
  • 8483 Hightower Trail Snellville, GA 3
    • 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 1990
    LEASED 08/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.75
    •  
  • 4469 Longley Lane Snellville, GA 5
    • 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,752 Sqft ∙ Built 1990
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,415
    • $0.81
    •  
PROPERTY LISTING DETAILS
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6819304
Last Updated: 02/19/2021
support@investimateroi.com

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. Copyright (c) 2021 First Multiple Listing Service, Inc.

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