1035 SW 9th St APT H2GainesvilleFL32601
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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 1035 SW 9th St APT H2, Gainesville, FL, 32601 generates $1,243/mo in rent and, after a $536/mo payment, leaves $266/mo in cash flow. Total monthly income is $1,243/mo, and annual cash flow is $3,195/yr on $36,299 invested. Return on cash invested sits at 28.71% in year one, and rental yield is 13.62% on a $109,500 entry. Equity gained on principal adds $707/yr, while 5% annual appreciation builds toward $30,253 over five years. Five-year ROI reaches 153.75% and total cumulative return in cash sums $55,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,243/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$250 monthly 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: Tina Lanhart • Vision Property Management
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #846480
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.