5629 Banberry DrGainesvilleGA30506
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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 5629 Banberry Dr, Gainesville, GA, 30506 priced at $147,500 converts $1,144/mo rent into $188/mo cash flow after a $722/mo obligation. Total monthly income equals $1,144/mo, and annual cash flow totals $2,255/yr on $48,896 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.31% against a $147,500 entry. Equity gained on principal adds $952/yr, while 5% annual appreciation compiles into $40,752 by year five. Five-year ROI reaches 127.94% and total cumulative return in cash sums $62,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,144/mo property income covering a $722/mo payment, not borrower’s personal income.
Manufactured
Built in 1959
4,791 sqft lot
$N/A/sqft
$700 annually 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: Joy Maxey • Virtual Properties Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1024158
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.