3323 NW 21st Dr #G3GainesvilleFL32605
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 3323 NW 21st Dr #G3, Gainesville, FL, 32605 listed at $165,000 pairs $1,269/mo rent with a $808/mo payment to leave $174/mo cash flow. Total monthly income runs $1,269/mo, and annual cash flow reaches $2,083/yr on $54,698 cash to close. Return on cash invested measures 23.72% in year one, and rental yield registers 9.23% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 123.87% and total cumulative return in cash totals $67,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,269/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32605, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,956 (100%) |
| Owner Occupied HU | 7,367 (67.2%) |
| Renter Occupied HU | 2,972 (27.1%) |
| Vacant Housing Units | 617 ( 5.6%) |
| Median Home Value | $331,341 |
| Average Home Value | $363,490 |
Housing Distribution
Address Breakdown
Residential
10,757
Single Family
9,516
Multi-Family
1,241
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gigi Tajalli • BHGRE THOMAS GROUP
Mls Name: Stellar MLS
Mls ID: #GC533440