3832 Billabong Trl #94GainesvilleGA30506
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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
Investment property for sale in Gainesville at 3832 Billabong Trl #94, Gainesville, GA, 30506 listed at $371,972 pairs $2,340/mo rent with a $1,821/mo payment. Total monthly income runs $2,340/mo. Return on cash invested measures 19.51% in year one, and rental yield registers 7.55% at a $371,972 basis. Equity gained on principal adds $2,400/yr, and annual property appreciation at 5% supports $102,769 by year five. Five-year ROI tracks 101.01% and total cumulative return in cash totals $124,560. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,821/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
2,395 sqft lot
$N/A/sqft
$1,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30506, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,265 (100%) |
| Owner Occupied HU | 14,345 (74.5%) |
| Renter Occupied HU | 3,291 (17.1%) |
| Vacant Housing Units | 1,629 ( 8.5%) |
| Median Home Value | $481,820 |
| Average Home Value | $552,901 |
Housing Distribution
Address Breakdown
Residential
18,936
Single Family
18,431
Multi-Family
505
Businesses
253
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Listed by: Bill Tracy • McKinley Properties, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7517967
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