3255 Carrick RdCummingGA30040
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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 Cumming at 3255 Carrick Rd, Cumming, GA, 30040 listed at $649,000 pairs $3,368/mo rent with a $3,177/mo payment. Total monthly income runs $3,368/mo. Return on cash invested measures 16.41% in year one, and rental yield registers 6.23% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 84.08% and total cumulative return in cash totals $179,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,368/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
8,276 sqft lot
$N/A/sqft
$752 annually 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: Lida Velasquez • Virtual Properties Realty. Biz
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7504559
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