514 Washington St NWGainesvilleGA30351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 514 Washington St NW, Gainesville, GA, 30351 priced at $395,000 converts $3,446/mo rent into $1,042/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,446/mo, and annual cash flow totals $12,507/yr on $130,943 invested. Return on cash invested prints 29.46% in year one, and rental yield reads 10.47% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 153.95% and total cumulative return in cash sums $201,582. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,446/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
43.56 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hector Almonte • Keller Williams Realty Atlanta Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7419361
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)