770 Park StGainesvilleGA30501
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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 770 Park St, Gainesville, GA, 30501 earns $108/mo cash flow from $2,177/mo rent with a $1,664/mo payment. Total monthly income totals $2,177/mo, and annual cash flow totals $1,294/yr on $112,710 capital. ROI tracks 21.06% on current figures, and rental yield reads 7.68% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 108.86% and total cumulative return in cash sums $122,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,177/mo property income instead of your personal income.
Condo
Built in 2003
6,098 sqft 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: Nick Stowe • Foothills Real Estate
Mls Name: GAMLS
Mls ID: #10611262