4772 Lost Creek DrGainesvilleGA30504
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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 4772 Lost Creek Dr, Gainesville, GA, 30504 uses $128,954 cash to close to unlock $79/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,904/mo payment keeps the spread at $7/mo. Purchase price stands at $389,000, and rental yield measures 7.71% with $2,498/mo rent. Return on cash invested shows 19.97% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 103.47% and total cumulative return in cash records $133,422. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 2014
6,969 sqft lot
$N/A/sqft
$650 annually 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: Abernathy Cochran Group • The Norton Agency
Mls Name: GAMLS
Mls Provider:
Mls ID: #10420599
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.