5008 Bird RdGainesvilleGA30506
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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 5008 Bird Rd, Gainesville, GA, 30506 uses $112,677 cash to close to unlock $2,147/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $2,248/mo, and a $1,664/mo payment keeps the spread at $179/mo. Purchase price stands at $339,900, and rental yield measures 7.94% with $2,248/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 112.92% and total cumulative return in cash records $127,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,248/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30506, Gainesville, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,936
Single Family
18,431
Multi-Family
505
Businesses
253
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Listed by: Elaine Black • Hometown Real Estate Group Inc.
Mls Name: GAMLS
Mls ID: #10555352