Real Estate Investing in Suwanee, Georgia (30024)
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Should you buy in 30024 (Suwanee, GA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.3 — hard to cash-flow at these prices.
What’s happening in Suwanee, GA (30024)?
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Market Analysis: 30024 Suwanee
This part of Gwinnett County is not an easy win. The 30024 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 30024 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 30024 sits on the difficult end of the GA spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 30024 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. substantial returns are possible in 30024, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Suwanee:
Property Strategy for 30024
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $368,679 | $2,280 | 4.5% | +8.3% | $184,340 |
| 3BR | $479,740 | $2,730 | 4.1% | +9.5% | $159,913 |
| 4BR | $581,813 | $3,260 | 4.0% | +10.0% | $145,453 |
| 5BR | $818,031 | — | — | +10.3% | $163,606 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30024 Compare?
| Metric | 30024 | Suwanee | Atlanta-Sandy Springs-Alpharetta, GA | Georgia |
|---|---|---|---|---|
| Home Value | $611,089 | $611,089 | N/A | $329,538 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.8% |
| Avg Rent | $1,933 | $1,933 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 30024 (Suwanee, GA). Anonymous, moderated, never written by AI.
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Property managers serving Gwinnett County
Manage rentals here? List your business →Real Property Management Executives Greater Atlanta GA offers property management services. summary from their website
Real Property Management Greater Gwinnett is an Atlanta, GA property management company. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $611,089 |
| Monthly Rent | $1,933 |
| Price-to-Rent | 26.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | -4.0% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | +0.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 30024
Population: 85,106
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 30024
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,412 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Suwanee, GA for real estate investors?
With a 3.0/5 investability score, Suwanee, GA ranks as a solid market for rental property investors. Median prices of $611K and rents of $1,933/mo drive the underlying numbers.
Where do rents currently stand in Suwanee, GA?
Rental rates in Suwanee, GA average $1,933/mo. Tenant demand and $611K home values make the yield look reasonable by investor standards.
What are home prices like in Suwanee, GA?
Suwanee, GA home values average about $611K. That price point suits investors targeting rentals with $1,933/mo in monthly income.
Is Suwanee, GA a friendly market for rental owners?
GA law landlord-friendly for landlords, and Suwanee inherits those rules. Investors should still review local ordinances for rental licensing.
What investment strategy works best in Suwanee, GA?
Suwanee, GA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($611K prices, $1,933/mo rents) make it a reasonable choice.
You know 30024 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 30024 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 30024 ranks in Atlanta-Sandy Springs-Alpharetta, GA
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