Sold Price cut: $35,000 (10/4)
$165,000
2 beds
5115 PARKS Road, Cumming, GA 30041
About this home
BEAUTIFUL LEVEL 2 ACRES LOT IN EXPLODING AREA, EXCELLENT LOCATION, OLDER MOBILE HOME ON THE PROPERTY IS COMPLEMENTARY, THE VALUE IS IN THE LAND, PROPERTY NEAR THIS LISTING ARE HOUSES SOLD FOR OVER $600,000, THERE ARE TENANTS RENTING THE MOBILE HOME & THEY PAY $550 MONTHLY, THIS IS AN ADDL INCOME TO THE NEW BUYER.
PoolBasementNo HOA
Listing remarks courtesy of VIRTUAL PROPERTIES REALTY · Sold by Virtual Properties Realty.com.
· FMLS #5367668$1,128/mo est.
with $16,500 down · $165,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
2
Beds
1970
Built
None
HOA
$535/yr
Est. taxes
Nov 13, 2014
Listed
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,500/morange $2,325 – $2,67518.2% gross yield
Based on 12 similar rentals within 5 mi (8 recently leased).
3 bd · 3 ba · 1,416 sqft · 0.7 mi away · leased$2,300/mo3 bd · 2 ba · 1,680 sqft · 0.8 mi away · leased$1,950/mo3 bd · 3 ba · 2,257 sqft · 1 mi away · leased$4,500/mo2 bd · 3 ba · 1,930 sqft · 1.9 mi away$2,450/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$1,176/mo
Principal & interest$963
Property taxes$165
Home insurance$48
Down payment$16,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Schools
ChestateeElementary
North ForsythMiddle
North ForsythHigh
Location
25 for sale 8 pending 12 sold
Listed by
VIRTUAL PROPERTIES REALTY · Sold by Virtual Properties Realty.com
Source: FMLS · #5367668
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
