2742 NW 39th DrGainesvilleFL32606
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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 2742 NW 39th Dr, Gainesville, FL, 32606 offers a 9.16% rental yield on a $189,900 purchase with $1,450/mo rent. Total monthly income registers $1,450/mo, and a $929/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,283/yr on $62,952 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 122.94% and total cumulative return in cash at $77,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
871 sqft 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: McCall Griggs • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls ID: #GC534713