1039 SE 19th TerGainesvilleFL32641
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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 1039 SE 19th Ter, Gainesville, FL, 32641 generates $1,566/mo in rent and, after a $959/mo payment, leaves $266/mo in cash flow. Total monthly income is $1,566/mo, and annual cash flow is $3,188/yr on $64,974 invested. Return on cash invested sits at 24.81% in year one, and rental yield is 9.59% on a $196,000 entry. Equity gained on principal adds $1,265/yr, while 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash sums $84,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32641, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 3,095 (54.8%) |
| Renter Occupied HU | 1,963 (34.7%) |
| Vacant Housing Units | 591 (10.5%) |
| Median Home Value | $202,369 |
| Average Home Value | $236,539 |
Housing Distribution
Address Breakdown
Residential
5,354
Single Family
4,903
Multi-Family
451
Businesses
185
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Listed by: Vincent Hampton • ZORI REALTY
Mls Name: Stellar MLS
Mls ID: #GC533875