650 Blueridge AveGainesvilleGA30501
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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 650 Blueridge Ave, Gainesville, GA, 30501 offers $4,237/mo rent that, after a $3,157/mo payment, leaves $311/mo cash flow. Total monthly income is $4,237/mo, and annual cash flow is $3,736/yr on $212,205 cash. Return on cash invested measures 21.82% in year one, and rental yield stands at 7.88% at a $645,000 entry. Equity gained on principal adds $4,162/yr while 5% annual appreciation compounds into $178,202 by year five. Five-year ROI records 112.94% and total cumulative return in cash reaches $239,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,237/mo property income versus a $3,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30501, Gainesville, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,603
Single Family
9,834
Multi-Family
1,769
Businesses
2,278
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Listed by: Linda M Williams • Keller Williams Lanier Partners
Mls Name: GAMLS
Mls ID: #10598371