1645 Rockledge DrCummingGA30041
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Nearby investment properties with comparable prices
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 Cumming at 1645 Rockledge Dr, Cumming, GA, 30041 uses $185,885 cash to close to unlock $13,329/yr annual cash flow and $1,111/mo monthly cash flow. Total monthly income runs $4,879/mo, and a $2,765/mo payment keeps the spread at $1,111/mo. Purchase price stands at $565,000, and rental yield measures 10.36% with $4,879/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 142.71% and total cumulative return in cash records $265,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,879/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Condo
Built in 2015
2,426 sqft lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30041, Cumming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,804 (100%) |
| Owner Occupied HU | 22,503 (78.1%) |
| Renter Occupied HU | 5,055 (17.5%) |
| Vacant Housing Units | 1,246 ( 4.3%) |
| Median Home Value | $609,272 |
| Average Home Value | $640,355 |
Housing Distribution
Address Breakdown
Residential
28,101
Single Family
26,191
Multi-Family
1,910
Businesses
1,454
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Listed by: Molly Stone • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7421908
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