3019 Gorman DrAuburnGA30011
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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
Investment property for sale in Auburn at 3019 Gorman Dr, Auburn, GA, 30011 listed at $283,990 pairs $2,400/mo rent with a $1,390/mo payment to leave $672/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $8,059/yr on $94,143 cash to close. Return on cash invested measures 28.47% in year one, and rental yield registers 10.14% at a $283,990 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,461 by year five. Five-year ROI tracks 148.63% and total cumulative return in cash totals $139,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30011, Auburn, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,395 (100%) |
| Owner Occupied HU | 6,823 (81.3%) |
| Renter Occupied HU | 1,199 (14.3%) |
| Vacant Housing Units | 373 ( 4.4%) |
| Median Home Value | $360,883 |
| Average Home Value | $395,214 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
7,732
Multi-Family
0
Businesses
278
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