3579 SW 111th DrGainesvilleFL32608
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
Total monthly income runs $3,588/mo, and a $5,139/mo payment. Purchase price stands at $1,050,000, and rental yield measures 4.1% with $3,588/mo rent. Return on cash invested shows 8.45% in year one, and 5% annual appreciation builds toward $290,096 over five years. Five-year ROI reaches 41.9% and total cumulative return in cash records $142,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,588/mo property income covering a $5,139/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No 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: Sandra Salloum • BHGRE THOMAS GROUP
Mls Name: Stellar MLS
Mls ID: #GC533350