1401 NW 5th AveGainesvilleFL32603
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1401 NW 5th Ave, Gainesville, FL, 32603 in Gainesville worth study. Rental yield 0.91%. The 0.91% gross yield is below cash-flow benchmarks at $1,350,000, but 5% annual appreciation, adding $372,980 over five years, frames this as a capital growth position. Rent of $1,136/mo partially offsets the $6,070/mo payment. Ziffy Mortgage finances appreciation-play properties (0.19 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $11,161.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.9% | 6.0% |
| Monthly Cash Flow | $(8,818) | $300 |
City averages based on Gainesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,136 |
| Total Monthly Debt Service | $8,422 |
| DSCR Ratio | 0.13x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32603, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,728 (100%) |
| Owner Occupied HU | 312 (11.4%) |
| Renter Occupied HU | 2,149 (78.8%) |
| Vacant Housing Units | 267 ( 9.8%) |
| Median Home Value | $395,098 |
| Average Home Value | $398,998 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
1,703
Multi-Family
620
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32603, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,728 (100%) |
| Owner Occupied HU | 312 (11.4%) |
| Renter Occupied HU | 2,149 (78.8%) |
| Vacant Housing Units | 267 ( 9.8%) |
| Median Home Value | $395,098 |
| Average Home Value | $398,998 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
1,703
Multi-Family
620
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Williams, LLC • BROXSON REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls ID: #GC532878