1116 Magical WayBufordGA30518
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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 Buford at 1116 Magical Way, Buford, GA, 30518 offers a 10.29% rental yield on a $215,000 purchase with $1,844/mo rent. Total monthly income registers $1,844/mo, and a $1,052/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,429/yr on $71,273 to close, and return on cash invested stands at 28.93% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 151.08% and total cumulative return in cash at $107,677. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,844/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30518, Buford, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,611 (100%) |
| Owner Occupied HU | 15,368 (68.0%) |
| Renter Occupied HU | 5,805 (25.7%) |
| Vacant Housing Units | 1,438 ( 6.4%) |
| Median Home Value | $432,266 |
| Average Home Value | $475,826 |
Housing Distribution
Address Breakdown
Residential
21,626
Single Family
19,745
Multi-Family
1,881
Businesses
2,045
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