3840 NW 35th PlGainesvilleFL32606
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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 3840 NW 35th Pl, Gainesville, FL, 32606 uses $150,833 cash to close to unlock $6,966/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,227/mo payment keeps the spread at $581/mo. Purchase price stands at $455,000, and rental yield measures 9.49% with $3,600/mo rent. Return on cash invested shows 24.53% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 128.19% and total cumulative return in cash records $193,360. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32606, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 6,379 (53.2%) |
| Renter Occupied HU | 4,633 (38.6%) |
| Vacant Housing Units | 979 ( 8.2%) |
| Median Home Value | $427,061 |
| Average Home Value | $462,360 |
Housing Distribution
Address Breakdown
Residential
11,098
Single Family
7,038
Multi-Family
4,060
Businesses
810
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Listed by: Helen Warren • BHHS FLORIDA REALTY
Mls Name: Stellar MLS
Mls ID: #GC536009