13525 NW Convergence Blvd #P6WI4AAlachuaFL32615
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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 Alachua at 13525 NW Convergence Blvd #P6WI4A, Alachua, FL, 32615 generates $3,241/mo in rent and, after a $1,832/mo payment, leaves $757/mo in cash flow. Total monthly income is $3,241/mo, and annual cash flow is $9,085/yr on $124,080 invested. Return on cash invested sits at 27.23% in year one, and rental yield is 10.39% on a $374,300 entry. Equity gained on principal adds $2,415/yr, while 5% annual appreciation builds toward $103,412 over five years. Five-year ROI reaches 142.72% and total cumulative return in cash sums $177,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,241/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A 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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