Explore available listings and evaluate market performance.
Cummins, GA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,304
Monthly Cash Flow
-$487
Principal + Equity
$4,151
Annual Total Gain
$43,969
Cash on Cash
-3.93%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$246
Occupancy Rate
50%
Monthly Revenue
$3,028
Monthly Cash Flow
-$217
Principal + Equity
$4,151
Annual Total Gain
$47,203
Cash on Cash %
-1.75%
Net ROI %
Market Health & Growth
Median Income
$79,073
Population
7,869
LTR Renter %
51.68%
Forecast (1 yr)
1.3%
Appreciation (1 yr)
-2.45%
Appreciation (5 yr)
63.52%
Appreciation (10 yr)
105.12%
Job Growth
0%
LTR Rentability
Low
STR Demand
44
STR Rentals
145
Top Public Schools
AAlliance Academy for Innovation
ADenmark High School
A
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A-
Overall
Top-level market grade
Best Suburbs to Live in Georgia
#42out of 167 markets
Places with the Best Public Schools in Georgia
#11out of 289 markets
Suburbs with the Best Public Schools in Georgia
#11out of 167 markets
A-
Public School
F
Crime And Safety
C
Housing
B
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Cummins, GA.
As of September 2021, Cummins, GA does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware of potential changes in regulations and to stay informed about any developments in this area.
Investors should also consider the potential impact of STRs on the local community, including issues such as noise, parking, and property maintenance. It is important to be a responsible host and to ensure that the property is well-maintained and that guests are respectful of the neighborhood.
Additionally, investors should be aware of any homeowners' association rules or restrictions that may apply to STRs in the area. It is important to carefully review any covenants, conditions, and restrictions (CC&Rs) that may govern the use of the property.
Overall, while Cummins, GA does not currently have specific regulations in place for STRs, investors should carefully consider the potential risks and benefits of investing in a property for short term rental purposes in this market. It is important to conduct thorough research and due diligence before making any investment decisions.
Market Trends Over Time
Market trend data is not yet available for Cummins, GA.
Nearest Markets
Explore nearby investment markets close to Cummins, GA.
The LTR Genie Score of Cummins, GA is 61 and STR Genie Score is 58, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability being low suggests that the market may not be ideal for long-term rentals, while the STR Genie Score being slightly lower than the LTR Genie Score could indicate that short-term rentals may also face some challenges in this market.
Cummins, GA is a small town with a growing population and a stable real estate market. The 1-Year Price Appreciation Forecast of 1.3% suggests modest growth potential for property values in the area. However, the STR Occupancy rate of 50.0% may indicate some competition in the short-term rental market.
Based on the metrics provided, it may be more beneficial for real estate investors to consider short-term rental investments in Cummins, GA due to the slightly higher STR Genie Score and the potential for higher net ROI compared to long-term rentals. However, investors should carefully evaluate the market dynamics and competition before making any investment decisions.