2660 Glendale DrGainesvilleGA30507
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 2660 Glendale Dr, Gainesville, GA, 30507 uses $99,119 cash to close to unlock $2,264/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,463/mo payment keeps the spread at $189/mo. Purchase price stands at $299,000, and rental yield measures 8.06% with $2,008/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 114.95% and total cumulative return in cash records $113,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.44 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Moore • Keller Williams Realty Consultants
Mls Name: GAMLS
Mls ID: #10556804