15213 NW 31st TerGainesvilleFL32609
INVESTMENT ANALYSIS
Investment Verdict
Solid Income15213 NW 31st Ter, Gainesville, FL, 32609 in Gainesville is a solid income-producing rental, 9.62% gross yield, $1,483/mo rent, $256/mo net cash flow on a $185,000 buy. DSCR 1.78 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $86,945.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $256 | $300 |
City averages based on Gainesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,483 |
| Total Monthly Debt Service | $1,154 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1980
1 Acres 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
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
Manufactured
Built in 1980
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #GC537435