2407 Thompson Mill RdGainesvilleGA30506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2407 Thompson Mill Rd, Gainesville, GA, 30506 earns $207/mo cash flow from $2,635/mo rent with a $1,953/mo payment. Total monthly income totals $2,635/mo, and annual cash flow totals $2,478/yr on $132,269 capital. ROI tracks 21.78% on current figures, and rental yield reads 7.92% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 112.76% and total cumulative return in cash sums $149,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,635/mo property income instead of your personal income.
Single Family
Built in 2021
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30506, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 14,345 (74.5%) |
| Renter Occupied HU | 3,291 (17.1%) |
| Vacant Housing Units | 1,629 ( 8.5%) |
| Median Home Value | $481,820 |
| Average Home Value | $552,901 |
Housing Distribution
Address Breakdown
Residential
18,936
Single Family
18,431
Multi-Family
505
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dani Burns • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls ID: #7698884