4240 Spring Ridge DrCummingGA30028
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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 4240 Spring Ridge Dr, Cumming, GA, 30028 priced at $500,000 converts $2,727/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,727/mo. Return on cash invested prints 16.68% in year one, and rental yield reads 6.54% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 85.75% and total cumulative return in cash sums $142,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,727/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2017
10,454 sqft lot
$N/A/sqft
$1,096 annually HOA
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Nearby investment properties with comparable prices
Listed by: Tania Gardere MacLeod • Real Broker, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7564880
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