10000 SW 52nd Ave APT 60GainesvilleFL32608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 10000 SW 52nd Ave APT 60, Gainesville, FL, 32608 listed at $284,900 pairs $1,956/mo rent with a $1,394/mo payment to leave $66/mo cash flow. Total monthly income runs $1,956/mo, and annual cash flow reaches $790/yr on $94,444 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 8.24% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 107.91% and total cumulative return in cash totals $101,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,956/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
15.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32608, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,458 (100%) |
| Owner Occupied HU | 9,587 (37.7%) |
| Renter Occupied HU | 13,938 (54.7%) |
| Vacant Housing Units | 1,933 ( 7.6%) |
| Median Home Value | $394,846 |
| Average Home Value | $429,933 |
Housing Distribution
Address Breakdown
Residential
23,637
Single Family
12,924
Multi-Family
10,713
Businesses
1,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Missie Schneider • BOSSHARDT REALTY SERVICES LLC
Mls Name: Stellar MLS
Mls ID: #GC536412