3607 Old Towne LnCummingGA30040
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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 3607 Old Towne Ln, Cumming, GA, 30040 uses $165,750 cash to close to unlock $2,018/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $3,211/mo, and a $2,447/mo payment keeps the spread at $168/mo. Purchase price stands at $500,000, and rental yield measures 7.71% with $3,211/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 109.25% and total cumulative return in cash records $181,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,211/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
No 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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