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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gainesville at 206 2nd St, Gainesville, GA, 30501 earns from $1,584/mo rent with a $1,664/mo payment. Total monthly income totals $1,584/mo. ROI tracks 14.74% on current figures, and rental yield reads 5.59% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 75% and total cumulative return in cash sums $84,534. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,584/mo property income instead of your personal income.
Single Family
Built in 1968
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30501, Gainesville, GA area.
| 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 |
Residential
11,603
Single Family
9,834
Multi-Family
1,769
Businesses
2,278
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Price change | $340,000 |
| 2025-06-13 | Listed for sale | $335,000 |
| 2024-09-23 | Sold | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-16 | $1735.78 | -10.16% | $67,320 | -6.76% |
| 2022-06-16 | $1932.06 | 105.97% | $72,200 | 128.19% |
| 2021-06-16 | $938.02 | -22.63% | $31,640 | -24.23% |
Listed by: Juval Duran • Keller Williams Realty Consultants
Mls Name: GAMLS
Mls Provider:
Mls ID: #10541813
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.
