6990 Lakeside PlGainesvilleGA30506
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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
Investment property for sale in Gainesville at 6990 Lakeside Pl, Gainesville, GA, 30506 at $216,120 posts ROI 29.76% with $588/mo cash flow from $1,931/mo rent. Total monthly income equals $1,931/mo, and annual cash flow records $7,059/yr on $71,644 to close. Return on cash invested measures 29.76% and rental yield reads 10.72% at the current $216,120. Equity gained on principal adds $1,395/yr, and 5% annual appreciation supports $59,710 by year five. Five-year ROI prints 155.78% and total cumulative return in cash totals $111,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.30 Acres lot
$N/A/sqft
No 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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