2985 Spring Harbor DrCummingGA30041
Nearby investment properties with comparable rents
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 2985 Spring Harbor Dr, Cumming, GA, 30041 earns $1,015/mo cash flow from $5,201/mo rent with a $3,318/mo payment. Total monthly income totals $5,201/mo, and annual cash flow totals $12,176/yr on $223,062 capital. ROI tracks 25.52% on current figures, and rental yield reads 9.21% at a $678,000 purchase. Equity gained on principal adds $4,375/yr, and 5% annual appreciation supports $187,319 over five years. Five-year ROI reaches 132.87% and total cumulative return in cash sums $296,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,201/mo property income instead of your personal income.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
$725 annually 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: Angie Aikens • Keller Williams North Atlanta
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7442318
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