1376 Burns Dr NEGainesvilleGA30501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Gainesville at 1376 Burns Dr NE, Gainesville, GA, 30501 generates $3,041/mo in rent, after a $3,177/mo payment. Total monthly income is $3,041/mo. Return on cash invested sits at 14.35% in year one, and rental yield is 5.62% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 73.11% and total cumulative return in cash sums $156,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,041/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30501, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,257 (100%) |
| Owner Occupied HU | 4,896 (36.9%) |
| Renter Occupied HU | 6,872 (51.8%) |
| Vacant Housing Units | 1,489 (11.2%) |
| Median Home Value | $366,564 |
| Average Home Value | $448,698 |
Housing Distribution
Address Breakdown
Residential
11,603
Single Family
9,834
Multi-Family
1,769
Businesses
2,278
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Listed by: Mary Beth Alexander • The Norton Agency
Mls Name: GAMLS
Mls Provider:
Mls ID: #10491969
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.