2132 NW 7th PlGainesvilleFL32603
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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
Rental property for sale in Gainesville at 2132 NW 7th Pl, Gainesville, FL, 32603 generates $4,620/mo in rent and, after a $1,908/mo payment, leaves $2,033/mo in cash flow. Total monthly income is $4,620/mo, and annual cash flow is $24,395/yr on $129,252 invested. Return on cash invested sits at 38.78% in year one, and rental yield is 14.22% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 204.63% and total cumulative return in cash sums $264,493. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,620/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
0.26 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: Danette Drageset • RE/MAX PROFESSIONALS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC525248
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