5137 Smith LnGainesvilleGA30506
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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 5137 Smith Ln, Gainesville, GA, 30506 priced at $367,300 pairs $1,993/mo rent with after a $1,798/mo payment. Total monthly income equals $1,993/mo. Return on cash invested is 17.43% in year one, and rental yield stands at 6.51% on a $367,300 basis. Equity gained on principal adds $2,370/yr, and 5% annual appreciation accumulates to $101,478 by year five. Five-year ROI measures 89.47% and total cumulative return in cash reaches $108,933. For financing, Ziffy Mortgage’s DSCR program evaluates $1,993/mo property income against a $1,798/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
N/A 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: N/A • N/A
Mls Name: HomeSmart
Mls Provider:
Mls ID: #7450058