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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gainesville at 605 Candler St APT B2, Gainesville, GA, 30501 priced at $175,000 pairs $1,327/mo rent with $25/mo cash flow after a $857/mo payment. Total monthly income equals $1,327/mo, and annual cash flow comes to $306/yr on $58,013 invested. Return on cash invested is 20.44% in year one, and rental yield stands at 9.1% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 107.35% and total cumulative return in cash reaches $62,275. For financing, Ziffy Mortgage’s DSCR program evaluates $1,327/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
2,178 sqft lot
$N/A/sqft
$236 monthly HOA
Neighborhood data shown for ZIP Code: 30501, Gainesville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,257 (100%) |
| Owner Occupied HU | 4,896 (36.9%) |
| Renter Occupied HU | 6,872 (51.8%) |
| Vacant Housing Units | 1,489 (11.2%) |
| Median Home Value | $366,564 |
| Average Home Value | $448,698 |
Residential
11,603
Single Family
9,834
Multi-Family
1,769
Businesses
2,278
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $175,000 |
| 2013-07-18 | Listing removed | $600 |
| 2013-07-08 | Listed for rent | $600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Beverly Filson • Candler Real Estate Group, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7517176
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