2062 NW 11th RdGainesvilleFL32605
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2062 NW 11th Rd, Gainesville, FL, 32605 in Gainesville at $1,999,000, 2.12% gross yield, is a market-growth asset. Rental yield 2.12%. The $3,538/mo rent partially funds the $8,989/mo debt service; the core return is the 5%/yr price growth projected to add $552,287 over five years. Ziffy Mortgage's DSCR mortgage (0.39) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $135,895.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 6.0% |
| Monthly Cash Flow | $(9,728) | $300 |
City averages based on Gainesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,538 |
| Total Monthly Debt Service | $12,470 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1957
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32605, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,956 (100%) |
| Owner Occupied HU | 7,367 (67.2%) |
| Renter Occupied HU | 2,972 (27.1%) |
| Vacant Housing Units | 617 ( 5.6%) |
| Median Home Value | $331,341 |
| Average Home Value | $363,490 |
Housing Distribution
Address Breakdown
Residential
10,757
Single Family
9,516
Multi-Family
1,241
Businesses
566
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
Single Family
Built in 1957
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32605, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,956 (100%) |
| Owner Occupied HU | 7,367 (67.2%) |
| Renter Occupied HU | 2,972 (27.1%) |
| Vacant Housing Units | 617 ( 5.6%) |
| Median Home Value | $331,341 |
| Average Home Value | $363,490 |
Housing Distribution
Address Breakdown
Residential
10,757
Single Family
9,516
Multi-Family
1,241
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Pepine • PEPINE REALTY
Mls Name: Stellar MLS
Mls ID: #GC537169