921 Black DrGainesvilleGA30501
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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 921 Black Dr, Gainesville, GA, 30501 offers a 8.52% rental yield on a $240,000 purchase with $1,704/mo rent. Total monthly income registers $1,704/mo, and a $1,175/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,916/yr on $79,560 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 122.34% and total cumulative return in cash at $97,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,704/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,840 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: Mayra Senquiz • Your Home Sold Guaranteed Realty Crown Group
Mls Name: My State MLS
Mls ID: #11520884