405 Forrest LnGainesvilleGA30501
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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
Rental property for sale in Gainesville at 405 Forrest Ln, Gainesville, GA, 30501 priced at $775,500 pairs $3,233/mo rent with after a $3,796/mo payment. Total monthly income equals $3,233/mo. Return on cash invested is 13.07% in year one, and rental yield stands at 5% on a $775,500 basis. Equity gained on principal adds $5,004/yr, and 5% annual appreciation accumulates to $214,256 by year five. Five-year ROI measures 65.97% and total cumulative return in cash reaches $168,308. For financing, Ziffy Mortgage’s DSCR program evaluates $3,233/mo property income against a $3,796/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30501, Gainesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,257 (100%) |
| Owner Occupied HU | 4,896 (36.9%) |
| Renter Occupied HU | 6,872 (51.8%) |
| Vacant Housing Units | 1,489 (11.2%) |
| Median Home Value | $366,564 |
| Average Home Value | $448,698 |
Housing Distribution
Address Breakdown
Residential
11,603
Single Family
9,834
Multi-Family
1,769
Businesses
2,278
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Listed by: Elaine Thomas • Keller Williams Realty Community Partners
Mls Name: FMLS GA
Mls ID: #7695312