4489 Mill Oak Way SWGainesvilleGA30504
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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 4489 Mill Oak Way SW, Gainesville, GA, 30504 generates $3,284/mo in rent and, after a $2,594/mo payment, leaves $58/mo in cash flow. Total monthly income is $3,284/mo, and annual cash flow is $701/yr on $174,370 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 7.44% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash sums $184,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,284/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
7,840 sqft 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
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Listed by: Pat Burke • Keller Williams Lanier Partners
Mls Name: GAMLS
Mls ID: #10663760