11348 NW 31st LnGainesvilleFL32606
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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 11348 NW 31st Ln, Gainesville, FL, 32606 generates $2,266/mo in rent and, after a $1,258/mo payment, leaves $560/mo in cash flow. Total monthly income is $2,266/mo, and annual cash flow is $6,725/yr on $85,196 invested. Return on cash invested sits at 27.8% in year one, and rental yield is 10.58% on a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 145.77% and total cumulative return in cash sums $124,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,266/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,276 sqft 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: Michelle Florence • ZORI REALTY
Mls Name: Stellar MLS
Mls ID: #GC530109