3039 Gorman DrAuburnGA30011
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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 Auburn at 3039 Gorman Dr, Auburn, GA, 30011 offers a 8.11% rental yield on a $283,990 purchase with $1,919/mo rent. Total monthly income registers $1,919/mo, and a $1,390/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,287/yr on $94,143 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,833/yr while 5% annual appreciation supports $78,461 over five years. Portfolio math shows five-year ROI at 115.75% and total cumulative return in cash at $108,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,919/mo property income against a $1,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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