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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Duluth at 2566 Summit Cove Dr, Duluth, GA, 30097 priced at $312,000 converts $2,603/mo rent into $545/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,603/mo, and annual cash flow totals $6,536/yr on $103,428 invested. Return on cash invested prints 26.23% in year one, and rental yield reads 10.01% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 137.27% and total cumulative return in cash sums $141,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,603/mo property income covering a $1,527/mo payment, not borrower’s personal income.
Townhouse
Built in 1997
1,306 sqft lot
$N/A/sqft
$1,830 annually HOA
Neighborhood data shown for ZIP Code: 30097, Duluth, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 13,116 (64.5%) |
| Renter Occupied HU | 6,115 (30.1%) |
| Vacant Housing Units | 1,104 ( 5.4%) |
| Median Home Value | $582,674 |
| Average Home Value | $671,187 |
Residential
19,478
Single Family
15,466
Multi-Family
4,012
Businesses
1,516
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listed for sale | $312,000 |
| 2025-06-17 | Listing removed | $339,000 |
| 2025-05-28 | Price change | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-08 | $2672.76 | 24.94% | $108,560 | 2.53% |
| 2023-08-08 | $2139.18 | -11.17% | $105,880 | 11.17% |
| 2022-08-08 | $2408.16 | 23.92% | $95,240 | 35.21% |
Listed by: Crystina Farah • Drake Realty Lake Area
Mls Name: GAMLS
Mls Provider:
Mls ID: #10580073
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 2025 GAMLS. All rights reserved.
