10819 NW 39th AveGainesvilleFL32606
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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 10819 NW 39th Ave, Gainesville, FL, 32606 generates $2,760/mo in rent and, after a $1,950/mo payment, leaves $116/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $1,391/yr on $132,103 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.31% on a $398,500 entry. Equity gained on principal adds $2,571/yr, while 5% annual appreciation builds toward $110,098 over five years. Five-year ROI reaches 109.07% and total cumulative return in cash sums $144,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32606, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 6,379 (53.2%) |
| Renter Occupied HU | 4,633 (38.6%) |
| Vacant Housing Units | 979 ( 8.2%) |
| Median Home Value | $427,061 |
| Average Home Value | $462,360 |
Housing Distribution
Address Breakdown
Residential
11,098
Single Family
7,038
Multi-Family
4,060
Businesses
810
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Listed by: Dennis Clayton • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls ID: #GC534753