6049 Cove Park DrBufordGA30518
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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 Buford at 6049 Cove Park Dr, Buford, GA, 30518 listed at $650,000 pairs $4,423/mo rent with a $3,181/mo payment to leave $467/mo cash flow. Total monthly income runs $4,423/mo, and annual cash flow reaches $5,609/yr on $213,850 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 8.17% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 117.55% and total cumulative return in cash totals $251,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,423/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30518, Buford, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,611 (100%) |
| Owner Occupied HU | 15,368 (68.0%) |
| Renter Occupied HU | 5,805 (25.7%) |
| Vacant Housing Units | 1,438 ( 6.4%) |
| Median Home Value | $432,266 |
| Average Home Value | $475,826 |
Housing Distribution
Address Breakdown
Residential
21,626
Single Family
19,745
Multi-Family
1,881
Businesses
2,045
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