Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gainesville at 2866 Florence Dr, Gainesville, GA, 30504 priced at $223,500 pairs $1,343/mo rent with after a $1,094/mo payment. Total monthly income equals $1,343/mo. Return on cash invested is 16.64% in year one, and rental yield stands at 7.21% on a $223,500 basis. Equity gained on principal adds $1,442/yr, and 5% annual appreciation accumulates to $61,749 by year five. Five-year ROI measures 86.32% and total cumulative return in cash reaches $63,954. For financing, Ziffy Mortgage’s DSCR program evaluates $1,343/mo property income against a $1,094/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1995
3,049 sqft lot
$N/A/sqft
$1,560 annually HOA
Neighborhood data shown for ZIP Code: 30504, Gainesville, GA area.
| 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 |
Residential
10,304
Single Family
7,054
Multi-Family
3,250
Businesses
735
Date | Event | Price |
|---|---|---|
| 2025-10-14 | Listing removed | $1,495 |
| 2025-10-13 | Listed for rent | $1,495 |
| 2025-10-13 | Listing removed | $1,495 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $2508.90 | 7.47% | $88,240 | 8.24% |
| 2023-10-31 | $2334.62 | 23.25% | $81,520 | 26.27% |
| 2022-10-31 | $1894.14 | 9.74% | $64,560 | 11.62% |
What's Special
Pull Down Stairs
Listed by: Shea Foster • RE/MAX Signature
Mls Name: GAMLS
Mls Provider:
Mls ID: #10524578
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.
