101 NE 9th StGainesvilleFL32601
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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 101 NE 9th St, Gainesville, FL, 32601 priced at $349,999 pairs $2,485/mo rent with $162/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,485/mo, and annual cash flow comes to $1,949/yr on $116,025 invested. Return on cash invested is 21.59% in year one, and rental yield stands at 8.52% on a $349,999 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,698 by year five. Five-year ROI measures 112.46% and total cumulative return in cash reaches $130,478. For financing, Ziffy Mortgage’s DSCR program evaluates $2,485/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32601, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,113 (100%) |
| Owner Occupied HU | 2,117 (17.5%) |
| Renter Occupied HU | 8,676 (71.6%) |
| Vacant Housing Units | 1,320 (10.9%) |
| Median Home Value | $317,974 |
| Average Home Value | $337,267 |
Housing Distribution
Address Breakdown
Residential
8,340
Single Family
5,629
Multi-Family
2,711
Businesses
1,201
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Listed by: Lorne Rodriguez • ARIUM REAL ESTATE, LLC
Mls Name: Stellar MLS
Mls ID: #GC535263