3583 SW 87th DrGainesvilleFL32608
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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 3583 SW 87th Dr, Gainesville, FL, 32608 listed at $1,086,000 pairs $4,082/mo rent with a $5,315/mo payment. Total monthly income runs $4,082/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 4.51% at a $1,086,000 basis. Equity gained on principal adds $7,008/yr, and annual property appreciation at 5% supports $300,042 by year five. Five-year ROI tracks 48.68% and total cumulative return in cash totals $171,280. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,082/mo property income relative to a $5,315/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.65 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
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Listed by: Tiffany Thomas • BHGRE THOMAS GROUP
Mls Name: Stellar MLS
Mls ID: #GC535078