1119 NW 10th AveGainesvilleFL32601
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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 Gainesville at 1119 NW 10th Ave, Gainesville, FL, 32601 uses $97,793 cash to close to unlock $4,155/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,304/mo, and a $1,444/mo payment keeps the spread at $346/mo. Purchase price stands at $295,000, and rental yield measures 9.37% with $2,304/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 126.24% and total cumulative return in cash records $123,458. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,304/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1939
10,454 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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