6010 Providence Lake DrGainesvilleGA30506
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
Investment property for sale in Gainesville at 6010 Providence Lake Dr, Gainesville, GA, 30506 earns $2,062/mo cash flow from $5,968/mo rent with a $3,108/mo payment. Total monthly income totals $5,968/mo, and annual cash flow totals $24,741/yr on $208,882 capital. ROI tracks 31.9% on current figures, and rental yield reads 11.28% at a $634,900 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,411 over five years. Five-year ROI reaches 167.08% and total cumulative return in cash sums $349,009. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,968/mo property income instead of your personal income.
Single Family
Built in 2015
0.59 Acres lot
$N/A/sqft
$500 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: Jeffery Mohler • Keller Williams Realty Community Partners
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7451349
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