Turnbridge Plan, Overlook at Marina BayGainesvilleGA30506
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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 Turnbridge Plan, Overlook at Marina Bay, Gainesville, GA, 30506 priced at $526,990 converts $3,803/mo rent into $596/mo cash flow after a $2,579/mo obligation. Total monthly income equals $3,803/mo, and annual cash flow totals $7,152/yr on $173,380 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 8.66% against a $526,990 entry. Equity gained on principal adds $3,401/yr, while 5% annual appreciation compiles into $145,598 by year five. Five-year ROI reaches 125.59% and total cumulative return in cash sums $217,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,803/mo property income covering a $2,579/mo payment, not borrower’s personal income.
Townhouse
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: N/A • Chafin Communities
Mls Name: Chafin Communities
Mls ID: #N/A