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Property Location

1640 Williams Circle, Cumming GA 30041

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List Price $850,000

Units 1

Est. Cap Rate 0.7%

Est. Cash-on-Cash -21.3%

Price / Unit $850,000

Est. Year 1 Cash Flow $-45,354 after debt service

1640 Williams Circle Cumming, GA 30041

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Imagine having your own private dock on Lake Lanier with everything you've been looking for: grass-to-water with a mow permit, a protected cove, 28X32 double slip dock with party deck including water and electricity with stunning open-water views, and breathtaking sunrises over the lake. SEWER AVAILABLE. . . RARE OPPORTUNITY on the lake. Welcome to Bald Ridge Cove—one of Lake Lanier's most sought-after locations. Enjoy both privacy and convenience, just minutes from Highway 400, less than a minute from Costco, close to major shopping and dining, and only moments from Bald Ridge Marina by lake and land. Despite its unbeatable location in Forsyth County, this property feels secluded and peaceful, offering the ideal lakefront retreat. This is a rare opportunity to own one of the dream lots on Lake Lanier and in one of the most desirable locations on Lake Lanier. Build your vision, enjoy the lifestyle, and make every day feel like a vacation. The current home is in disrepair giving you the opportunity to build from ground up!

Investment Notes — Cumming

Located in the Cumming, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $850,000 Verified

Est. Cap Rate 0.65% Modeled

Est. Cash-on-Cash -21.34% Modeled

Est. Gross Income $12,595 Modeled

Est. NOI $5,542 Modeled

 Est. Year 1 Cash Flow  $-45,354  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. Pre-filled from Modeled Estimate. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Modeled Estimate

Annual Gross Potential Income Editable

Modeled Estimate

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

51%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Cumming. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Review Further.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Review Further

Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap0.7%

Est. CoC-21.3%

Other Cumming, GA multifamily properties currently available

Multifamily for sale: 4115 Chelsea Chase, Cumming

2 Units

Review Further

$479,900

4.1% Cap -7.5% CoC est

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7808484 · Listing courtesy of Keller Williams Realty Community Partners, LISA K HARTLEY HOWELL · 678-341-7400

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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