3442 NW 37th AveGainesvilleFL32605
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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 3442 NW 37th Ave, Gainesville, FL, 32605 uses $68,780 cash to close to unlock $3,092/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,635/mo, and a $1,016/mo payment keeps the spread at $258/mo. Purchase price stands at $207,480, and rental yield measures 9.46% with $1,635/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $57,323 over five years. Five-year ROI reaches 127.54% and total cumulative return in cash records $87,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,635/mo property income covering a $1,016/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1,307 sqft 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
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Listed by: Heather Damron • FLORIDA HOMES REALTY & MORTGAGE GVILLE
Mls Name: Stellar MLS
Mls ID: #GC533010