2116 Memorial Park DrGainesvilleGA30504
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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 2116 Memorial Park Dr, Gainesville, GA, 30504 listed at $170,000 pairs $1,774/mo rent with a $832/mo payment to leave $739/mo cash flow. Total monthly income runs $1,774/mo, and annual cash flow reaches $8,873/yr on $56,355 cash to close. Return on cash invested measures 35.65% in year one, and rental yield registers 12.52% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 187.19% and total cumulative return in cash totals $105,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,774/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30504, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,118 (100%) |
| Owner Occupied HU | 6,105 (54.9%) |
| Renter Occupied HU | 4,193 (37.7%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $390,691 |
| Average Home Value | $462,413 |
Housing Distribution
Address Breakdown
Residential
10,304
Single Family
7,054
Multi-Family
3,250
Businesses
735
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Listed by: Udis Calderon • EXP Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7693696