6655 Garrett RdBufordGA30518
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
Rental property for sale in Buford at 6655 Garrett Rd, Buford, GA, 30518 offers $5,694/mo rent that, after a $8,810/mo payment. Total monthly income is $5,694/mo. Return on cash invested measures 9.54% in year one, and rental yield stands at 3.8% at a $1,799,999 entry. Equity gained on principal adds $11,615/yr while 5% annual appreciation compounds into $497,307 by year five. Five-year ROI records 47.02% and total cumulative return in cash reaches $274,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,694/mo property income versus a $8,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.34 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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Listed by: Laura Collier • Keller Williams Lanier Partner
Mls Name: GAMLS
Mls Provider:
Mls ID: #10357982
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.