BELFORT Plan, The Cottages Of Lake LanierGainesvilleGA30506
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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 BELFORT Plan, The Cottages Of Lake Lanier, Gainesville, GA, 30506 priced at $713,990 converts $2,884/mo rent into after a $3,495/mo obligation. Total monthly income equals $2,884/mo. Return on cash invested prints 12.59% in year one, and rental yield reads 4.85% against a $713,990 entry. Equity gained on principal adds $4,607/yr, while 5% annual appreciation compiles into $197,262 by year five. Five-year ROI reaches 63.45% and total cumulative return in cash sums $149,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,884/mo property income covering a $3,495/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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: Cottages of Lake Lanier • D.R. Horton - Atlanta West
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A