3123 Cross Creek DrCummingGA30040
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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 3123 Cross Creek Dr, Cumming, GA, 30040 priced at $480,000 converts $2,977/mo rent into after a $2,349/mo obligation. Total monthly income equals $2,977/mo. Return on cash invested prints 19.06% in year one, and rental yield reads 7.44% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 98.59% and total cumulative return in cash sums $156,869. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,977/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Townhouse
Built in 2016
1,393 sqft lot
$N/A/sqft
$169 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30040, Cumming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,006 (100%) |
| Owner Occupied HU | 25,096 (80.9%) |
| Renter Occupied HU | 5,244 (16.9%) |
| Vacant Housing Units | 666 ( 2.1%) |
| Median Home Value | $582,767 |
| Average Home Value | $609,119 |
Housing Distribution
Address Breakdown
Residential
30,239
Single Family
28,686
Multi-Family
1,553
Businesses
2,042
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Listed by: Lavanya Thadiparthi • Sekhars Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7577429
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