3148 Truelove RdGainesvilleGA30507
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 3148 Truelove Rd, Gainesville, GA, 30507 uses $96,102 cash to close to unlock $2,250/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,952/mo, and a $1,419/mo payment keeps the spread at $188/mo. Purchase price stands at $289,900, and rental yield measures 8.08% with $1,952/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.27% and total cumulative return in cash records $110,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,952/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A