2720 NW 104th Ct APT BGainesvilleFL32606
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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 2720 NW 104th Ct APT B, Gainesville, FL, 32606 uses $65,969 cash to close to unlock $2,681/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,544/mo, and a $974/mo payment keeps the spread at $223/mo. Purchase price stands at $199,000, and rental yield measures 9.31% with $1,544/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash records $82,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,544/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1986
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32606, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 6,379 (53.2%) |
| Renter Occupied HU | 4,633 (38.6%) |
| Vacant Housing Units | 979 ( 8.2%) |
| Median Home Value | $427,061 |
| Average Home Value | $462,360 |
Housing Distribution
Address Breakdown
Residential
11,098
Single Family
7,038
Multi-Family
4,060
Businesses
810
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Listed by: Rachel Kerensky • BHGRE THOMAS GROUP
Mls Name: Stellar MLS
Mls ID: #GC533222