2532 NE 13TH AvenueGainesvilleFL32641
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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 2532 NE 13TH Avenue, Gainesville, FL, 32641 uses $39,482 cash to close to unlock $8,719/yr annual cash flow and $727/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $583/mo payment keeps the spread at $727/mo. Purchase price stands at $119,100, and rental yield measures 15.28% with $1,517/mo rent. Return on cash invested shows 41.99% in year one, and 5% annual appreciation builds toward $32,905 over five years. Five-year ROI reaches 221.91% and total cumulative return in cash records $87,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $583/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32641, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 3,095 (54.8%) |
| Renter Occupied HU | 1,963 (34.7%) |
| Vacant Housing Units | 591 (10.5%) |
| Median Home Value | $202,369 |
| Average Home Value | $236,539 |
Housing Distribution
Address Breakdown
Residential
5,354
Single Family
4,903
Multi-Family
451
Businesses
185
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Listed by: ANDREA BUTCHER • REALHOME SERVICES AND SOLUTIONS INC
Mls Name: realMLS
Mls ID: #2116394