7270 Wits End 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 7270 Wits End Dr, Gainesville, GA, 30506 generates $2,369/mo in rent and, after a $1,395/mo payment, leaves $634/mo in cash flow. Total monthly income is $2,369/mo, and annual cash flow is $7,612/yr on $94,478 invested. Return on cash invested sits at 27.97% in year one, and rental yield is 9.97% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 145.95% and total cumulative return in cash sums $137,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
1.08 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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Listed by: Angie Smart • Keller Williams Lanier Partners
Mls Name: FMLS GA
Mls ID: #7679333