3743 NW 55th PlGainesvilleFL32653
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 3743 NW 55th Pl, Gainesville, FL, 32653 in Gainesville, $181,900, 9.07% gross yield, $168/mo net income. Consider it a market-entry position, the $1,375/mo rent covers the $818/mo payment with a margin, and 5%/yr appreciation is projected to add $50,256 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.68) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $80,167.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $168 | $300 |
City averages based on Gainesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,375 |
| Total Monthly Debt Service | $1,135 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32653, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,367 (100%) |
| Owner Occupied HU | 4,705 (73.9%) |
| Renter Occupied HU | 1,470 (23.1%) |
| Vacant Housing Units | 192 ( 3.0%) |
| Median Home Value | $322,125 |
| Average Home Value | $361,276 |
Housing Distribution
Address Breakdown
Residential
6,266
Single Family
5,766
Multi-Family
500
Businesses
387
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
Single Family
Built in 1988
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32653, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,367 (100%) |
| Owner Occupied HU | 4,705 (73.9%) |
| Renter Occupied HU | 1,470 (23.1%) |
| Vacant Housing Units | 192 ( 3.0%) |
| Median Home Value | $322,125 |
| Average Home Value | $361,276 |
Housing Distribution
Address Breakdown
Residential
6,266
Single Family
5,766
Multi-Family
500
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherman Bryan, Jr. • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls ID: #GC534275