1430 SE 42nd PlGainesvilleFL32641
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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 1430 SE 42nd Pl, Gainesville, FL, 32641 listed at $244,999 pairs $2,089/mo rent with a $1,199/mo payment to leave $459/mo cash flow. Total monthly income runs $2,089/mo, and annual cash flow reaches $5,503/yr on $81,217 cash to close. Return on cash invested measures 26.68% in year one, and rental yield registers 10.23% at a $244,999 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 139.8% and total cumulative return in cash totals $113,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,089/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32641, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 3,095 (54.8%) |
| Renter Occupied HU | 1,963 (34.7%) |
| Vacant Housing Units | 591 (10.5%) |
| Median Home Value | $202,369 |
| Average Home Value | $236,539 |
Housing Distribution
Address Breakdown
Residential
5,354
Single Family
4,903
Multi-Family
451
Businesses
185
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Listed by: Chelsey Grove • MOMENTUM REALTY - GAINESVILLE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC529889
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