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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% |
Investment property for sale in Buford at 2896 Spring Lake Dr, Buford, GA, 30519 earns $452/mo cash flow from $3,130/mo rent with a $2,154/mo payment. Total monthly income totals $3,130/mo, and annual cash flow totals $5,420/yr on $145,860 capital. ROI tracks 23.62% on current figures, and rental yield reads 8.54% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 122.64% and total cumulative return in cash sums $178,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,130/mo property income instead of your personal income.
Single Family
Built in 1972
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30519, Buford, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,737 (100%) |
| Owner Occupied HU | 14,546 (70.1%) |
| Renter Occupied HU | 5,185 (25.0%) |
| Vacant Housing Units | 1,006 ( 4.9%) |
| Median Home Value | $455,462 |
| Average Home Value | $491,137 |
Residential
21,243
Single Family
18,070
Multi-Family
3,173
Businesses
972
Date | Event | Price |
|---|---|---|
| 2024-09-20 | Listed for sale | $440,000 |
| 1996-05-31 | Sold | $88,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | N/A | N/A | $131,480 | N/A |
| 2023-10-20 | $403.87 | -26.16% | $131,480 | 16.11% |
| 2022-10-20 | $546.97 | N/A | $113,240 | 39.66% |
Listed by: White Simpson • RE/MAX Center
Mls Name: GAMLS
Mls Provider:
Mls ID: #10382060
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.
