3523 Lighthouse LnGainesvilleGA30504
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
Total monthly income runs $3,018/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 4.53% with $3,018/mo rent. Return on cash invested shows 11.62% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 58.24% and total cumulative return in cash records $153,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,018/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30504, Gainesville, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,304
Single Family
7,054
Multi-Family
3,250
Businesses
735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ERICA M WILLIAMS • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls ID: #7695787