1403 NE 22nd AveGainesvilleFL32609
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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 1403 NE 22nd Ave, Gainesville, FL, 32609 listed at $259,000 pairs $1,774/mo rent with a $1,268/mo payment. Total monthly income runs $1,774/mo. Return on cash invested measures 19.64% in year one, and rental yield registers 8.22% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 102.37% and total cumulative return in cash totals $87,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,774/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32609, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,235 (100%) |
| Owner Occupied HU | 4,103 (49.8%) |
| Renter Occupied HU | 3,468 (42.1%) |
| Vacant Housing Units | 664 ( 8.1%) |
| Median Home Value | $210,945 |
| Average Home Value | $275,768 |
Housing Distribution
Address Breakdown
Residential
7,394
Single Family
5,994
Multi-Family
1,400
Businesses
1,060
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Listed by: Jahnava Khurana • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC529333
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511