10843 NW 60th TerAlachuaFL32615
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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
Investment property for sale in Alachua at 10843 NW 60th Ter, Alachua, FL, 32615 uses $97,792 cash to close to unlock $3,915/yr annual cash flow and $326/mo monthly cash flow. Total monthly income runs $2,284/mo, and a $1,444/mo payment keeps the spread at $326/mo. Purchase price stands at $294,999, and rental yield measures 9.29% with $2,284/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 124.93% and total cumulative return in cash records $122,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,284/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 2003
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
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