6340 Akins WayCummingGA30041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6340 Akins Way, Cumming, GA, 30041 listed at $245,000 pairs $2,471/mo rent with a $1,199/mo payment to leave $980/mo cash flow. Total monthly income runs $2,471/mo, and annual cash flow reaches $11,760/yr on $81,218 cash to close. Return on cash invested measures 34.39% in year one, and rental yield registers 12.1% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 180.42% and total cumulative return in cash totals $146,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,471/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30041, Cumming, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,804 (100%) |
| Owner Occupied HU | 22,503 (78.1%) |
| Renter Occupied HU | 5,055 (17.5%) |
| Vacant Housing Units | 1,246 ( 4.3%) |
| Median Home Value | $609,272 |
| Average Home Value | $640,355 |
Housing Distribution
Address Breakdown
Residential
28,101
Single Family
26,191
Multi-Family
1,910
Businesses
1,454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanne Tidwell • Keller Williams Greater Athens
Mls Name: GAMLS
Mls Provider:
Mls ID: #10333014
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.