Under $200K Investment Properties for Sale in Gainesville, GA
252- 3 Bed
- 2 Bath
- 960 sft
537- - Bed
- - Bath
- - sft
452- 2 Bed
- 1 Bath
- 648 sft
627- 2 Bed
- 1 Bath
- 1067 sft
Why Invest in Gainesville, Georgia?
Gainesville, GA offers compelling opportunities for investors targeting properties under $200k amid a balanced housing market. With median home prices around $390k-$420k, affordable entry-level homes provide strong potential for cash flow and appreciation. Rental demand remains steady due to local employment growth and Lake Lanier tourism. Cap rates hover around 7-8% with average rents supporting positive cash flow. The area's 3% projected price growth makes under-$200k investments attractive for long-term holds.
Frequently Asked Questions
Yes, while median prices are $390k+, entry-level single-family homes and fixer-uppers under $200k exist in outer neighborhoods. These suit cash-flow focused investors. Check local MLS for current inventory.
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