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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 4045 Runnel Hl #60, Gainesville, GA, 30506 generates $2,671/mo in rent and, after a $1,674/mo payment, leaves $473/mo in cash flow. Total monthly income is $2,671/mo, and annual cash flow is $5,674/yr on $113,364 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.37% on a $341,972 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,481 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash sums $147,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,671/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
2,395 sqft lot
$N/A/sqft
$1,400 annually HOA
Neighborhood data shown for ZIP Code: 30506, Gainesville, GA area.
| 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 |
Residential
18,936
Single Family
18,431
Multi-Family
505
Businesses
253
Date | Event | Price |
|---|---|---|
| 2024-05-04 | Listed for sale | $341,972 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bill Tracy • McKinley Properties, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7381260
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