1402 SW 67th DrGainesvilleFL32607
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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 1402 SW 67th Dr, Gainesville, FL, 32607 uses $142,214 cash to close to unlock $2,782/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $3,079/mo, and a $2,100/mo payment keeps the spread at $232/mo. Purchase price stands at $429,000, and rental yield measures 8.61% with $3,079/mo rent. Return on cash invested shows 21.87% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash records $162,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,079/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,403 sqft 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: K.C. Harder • MOMENTUM REALTY - GAINESVILLE
Mls Name: Stellar MLS
Mls ID: #GC536439