1531 Enota Ave 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
Investment property for sale in Gainesville at 1531 Enota Ave NE, Gainesville, GA, 30501 uses $165,419 cash to close to unlock $9,148/yr annual cash flow and $762/mo monthly cash flow. Total monthly income runs $3,799/mo, and a $2,442/mo payment keeps the spread at $762/mo. Purchase price stands at $499,000, and rental yield measures 9.14% with $3,799/mo rent. Return on cash invested shows 25.44% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 132.37% and total cumulative return in cash records $218,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,799/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.75 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: Colin Sawyer • Atlanta Fine Homes Sotheby's International
Mls Name: FMLS GA
Mls ID: #7644521