1611 Wander Mill RdCummingGA30040
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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 Cumming at 1611 Wander Mill Rd, Cumming, GA, 30040 priced at $757,744 converts $4,636/mo rent into after a $3,709/mo obligation. Total monthly income equals $4,636/mo. Return on cash invested prints 19.41% in year one, and rental yield reads 7.34% against a $757,744 entry. Equity gained on principal adds $4,890/yr, while 5% annual appreciation compiles into $209,351 by year five. Five-year ROI reaches 100.29% and total cumulative return in cash sums $250,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,636/mo property income covering a $3,709/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.42 Acres lot
$N/A/sqft
$1,900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30040, Cumming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,006 (100%) |
| Owner Occupied HU | 25,096 (80.9%) |
| Renter Occupied HU | 5,244 (16.9%) |
| Vacant Housing Units | 666 ( 2.1%) |
| Median Home Value | $582,767 |
| Average Home Value | $609,119 |
Housing Distribution
Address Breakdown
Residential
30,239
Single Family
28,686
Multi-Family
1,553
Businesses
2,042
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Listed by: Jaymie Dimbath • Pulte Realty of Georgia, Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10426355
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.