1636 NW 8th AveGainesvilleFL32603
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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 1636 NW 8th Ave, Gainesville, FL, 32603 listed at $799,000 pairs $5,820/mo rent with a $3,911/mo payment to leave $517/mo cash flow. Total monthly income runs $5,820/mo, and annual cash flow reaches $6,209/yr on $262,871 cash to close. Return on cash invested measures 22.42% in year one, and rental yield registers 8.74% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 116.89% and total cumulative return in cash totals $307,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,820/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.87 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
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Listed by: Freddy Pearson • RE/MAX PROFESSIONALS
Mls Name: Stellar MLS
Mls ID: #GC533324