108 NW 7th 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
Total monthly income runs $1,840/mo, and a $1,566/mo payment. Purchase price stands at $320,000, and rental yield measures 6.9% with $1,840/mo rent. Return on cash invested shows 16.7% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 86.24% and total cumulative return in cash records $91,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,840/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
4,792 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: Joyce Dorval • CAMPUS TO COAST REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #GC536448