1671 Azelea DrGainesvilleGA30507
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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 1671 Azelea Dr, Gainesville, GA, 30507 uses $53,007 cash to close to unlock $3,173/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,238/mo, and a $783/mo payment keeps the spread at $264/mo. Purchase price stands at $159,900, and rental yield measures 9.29% with $1,238/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 134.87% and total cumulative return in cash records $71,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,238/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1983
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30507, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,454 (100%) |
| Owner Occupied HU | 6,781 (71.7%) |
| Renter Occupied HU | 2,251 (23.8%) |
| Vacant Housing Units | 422 ( 4.5%) |
| Median Home Value | $312,529 |
| Average Home Value | $385,414 |
Housing Distribution
Address Breakdown
Residential
9,578
Single Family
9,242
Multi-Family
336
Businesses
379
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Listed by: Sergio Felix • RE/MAX Center
Mls Name: FMLS GA
Mls ID: #7641000