Sold Price cut: $10,000 (2/29)
$120,000
3 beds · 1,568 sqft
4135 Ruby Drive, Cumming, GA 30028
Great deal
Priced about $224,403 (65%) below comparable homes. Estimated market value $344,403, based on 5 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Great investment rental property. 2 homes on 1 acre. Ranch style manufactured home on permanent foundation and a separate one bedroom apartment. Lots of space for the money. Live in one, rent the other for extra income, help with the mortgage or for the in-laws. Great investment opportunity. Private park like grounds with beautiful trees, creek and outbuildings.
PoolBasementNo HOA
Listing remarks courtesy of KELLER WILLIAMS RLTY CONSULTANTS · Sold by ATLANTA COMMUNITIES.
· FMLS #5601659$820/mo est.
with $12,000 down · $120,000 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
3
Beds
1,568
Sqft
1982
Built
None
HOA
$382/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,100/morange $1,950 – $2,25021.0% gross yield
Based on 12 similar rentals within 5 mi (4 recently leased).
3 bd · 2 ba · 1,650 sqft · 2.2 mi away · leased$2,500/mo3 bd · 2 ba · 1,760 sqft · 2.5 mi away$2,000/mo3 bd · 2 ba · 1,360 sqft · 3 mi away$2,095/mo3 bd · 2 ba · 1,931 sqft · 3 mi away$2,950/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$855/mo
Principal & interest$700
Property taxes$120
Home insurance$35
Down payment$12,000 (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
SawneeElementary
Liberty - ForsythMiddle
West ForsythHigh
Location
42 for sale 7 pending 12 sold
Listed by
KELLER WILLIAMS RLTY CONSULTANTS · Sold by ATLANTA COMMUNITIES
Source: FMLS · #5601659
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