3016 Candler RdGainesvilleGA30507
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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
Rental property for sale in Gainesville at 3016 Candler Rd, Gainesville, GA, 30507 generates $2,483/mo in rent and, after a $1,224/mo payment, leaves $961/mo in cash flow. Total monthly income is $2,483/mo, and annual cash flow is $11,533/yr on $82,875 invested. Return on cash invested sits at 33.83% in year one, and rental yield is 11.92% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 177.39% and total cumulative return in cash sums $147,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
0.57 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
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Listed by: Tavin Washington • eXp Realty
Mls Name: GAMLS
Mls ID: #10568973