12146 SW 24th AveGainesvilleFL32607
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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 12146 SW 24th Ave, Gainesville, FL, 32607 generates $3,929/mo in rent and, after a $2,202/mo payment, leaves $943/mo in cash flow. Total monthly income is $3,929/mo, and annual cash flow is $11,321/yr on $149,142 invested. Return on cash invested sits at 27.5% in year one, and rental yield is 10.48% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 144.15% and total cumulative return in cash sums $214,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,929/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32607, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,114 (100%) |
| Owner Occupied HU | 4,952 (27.3%) |
| Renter Occupied HU | 11,529 (63.6%) |
| Vacant Housing Units | 1,633 ( 9.0%) |
| Median Home Value | $392,152 |
| Average Home Value | $427,897 |
Housing Distribution
Address Breakdown
Residential
14,306
Single Family
9,030
Multi-Family
5,276
Businesses
632
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Listed by: Roger Maynard • Realty Pros Assured
Mls Name: DBAMLS
Mls ID: #1219093