1710 NW 7th St APT 104GainesvilleFL32609
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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 1710 NW 7th St APT 104, Gainesville, FL, 32609 uses $53,007 cash to close to unlock $1,674/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $1,201/mo, and a $783/mo payment keeps the spread at $140/mo. Purchase price stands at $159,900, and rental yield measures 9.01% with $1,201/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 120.43% and total cumulative return in cash records $63,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,201/mo property income covering a $783/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
2.17 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
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Listed by: Genile Morris • BOSSHARDT REALTY SERVICES LLC
Mls Name: Stellar MLS
Mls ID: #GC536710