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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 3441 Carolyn St, Gainesville, GA, 30504 generates $2,388/mo in rent and, after a $1,297/mo payment, leaves $775/mo in cash flow. Total monthly income is $2,388/mo, and annual cash flow is $9,303/yr on $87,848 invested. Return on cash invested sits at 30.5% in year one, and rental yield is 10.81% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 159.54% and total cumulative return in cash sums $140,151. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.31 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Spain • Mark Spain Real Estate
Mls Name: GAMLS
Mls ID: #10657643
