440 Ridgewood AveGainesvilleGA30501
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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 440 Ridgewood Ave, Gainesville, GA, 30501 earns from $2,906/mo rent with a $4,645/mo payment. Total monthly income totals $2,906/mo. ROI tracks 9.03% on current figures, and rental yield reads 3.67% at a $949,000 purchase. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 over five years. Five-year ROI reaches 44.35% and total cumulative return in cash sums $138,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,906/mo property income instead of your personal income.
Single Family
Built in 2025
1.05 Acres 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: Don L Lewis • Virtual Properties Realty.Net
Mls Name: GAMLS
Mls ID: #10564233