2845 Middlecreek Way #2845CummingGA30041
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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 2845 Middlecreek Way #2845, Cumming, GA, 30041 generates $3,142/mo in rent, after a $2,765/mo payment. Total monthly income is $3,142/mo. Return on cash invested sits at 18.15% in year one, and rental yield is 6.67% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash sums $173,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,142/mo property income rather than buyer’s personal income.
Condo
Built in 2007
2,570 sqft lot
$N/A/sqft
No 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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