2147 Spring RdGainesvilleGA30504
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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 2147 Spring Rd, Gainesville, GA, 30504 listed at $540,000 pairs $3,388/mo rent with a $2,643/mo payment to leave $102/mo cash flow. Total monthly income runs $3,388/mo, and annual cash flow reaches $1,218/yr on $177,660 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.53% at a $540,000 basis. Equity gained on principal adds $3,485/yr, and annual property appreciation at 5% supports $149,192 by year five. Five-year ROI tracks 107.17% and total cumulative return in cash totals $190,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,388/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.37 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: RAUL MADERA • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls ID: #7695318