2905 Archer Rd #4011GainesvilleFL32608
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
Investment Highlights
Investment property for sale in Gainesville at 2905 Archer Rd #4011, Gainesville, FL, 32608 earns $89/mo cash flow from $1,468/mo rent with a $748/mo payment. Total monthly income totals $1,468/mo, and annual cash flow totals $1,063/yr on $50,688 capital. ROI tracks 22.01% on current figures, and rental yield reads 11.52% at a $152,905 purchase. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,245 over five years. Five-year ROI reaches 117.86% and total cumulative return in cash sums $59,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,468/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$279 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32608, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,458 (100%) |
| Owner Occupied HU | 9,587 (37.7%) |
| Renter Occupied HU | 13,938 (54.7%) |
| Vacant Housing Units | 1,933 ( 7.6%) |
| Median Home Value | $394,846 |
| Average Home Value | $429,933 |
Housing Distribution
Address Breakdown
Residential
23,637
Single Family
12,924
Multi-Family
10,713
Businesses
1,001
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Issott • FLORIDA PROPERTY CENTER
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6208980
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