948 Lanier Springs 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
Rental property for sale in Buford at 948 Lanier Springs Dr, Buford, GA, 30518 generates $2,980/mo in rent and, after a $2,086/mo payment, leaves $246/mo in cash flow. Total monthly income is $2,980/mo, and annual cash flow is $2,953/yr on $141,285 invested. Return on cash invested sits at 22% in year one, and rental yield is 8.39% on a $426,200 entry. Equity gained on principal adds $2,750/yr, while 5% annual appreciation builds toward $117,751 over five years. Five-year ROI reaches 114.37% and total cumulative return in cash sums $161,590. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,980/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
$58 monthly 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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