3970 SW 20th Ave APT 912GainesvilleFL32607
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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 3970 SW 20th Ave APT 912, Gainesville, FL, 32607 listed at $201,900 pairs $1,523/mo rent with a $988/mo payment. Total monthly income runs $1,523/mo. Return on cash invested measures 16.45% in year one, and rental yield registers 9.05% at a $201,900 basis. Equity gained on principal adds $1,303/yr, and annual property appreciation at 5% supports $55,781 by year five. Five-year ROI tracks 87.3% and total cumulative return in cash totals $58,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,523/mo property income relative to a $988/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
4.65 Acres lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32607, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,114 (100%) |
| Owner Occupied HU | 4,952 (27.3%) |
| Renter Occupied HU | 11,529 (63.6%) |
| Vacant Housing Units | 1,633 ( 9.0%) |
| Median Home Value | $392,152 |
| Average Home Value | $427,897 |
Housing Distribution
Address Breakdown
Residential
14,306
Single Family
9,030
Multi-Family
5,276
Businesses
632
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Listed by: Susan Reitnauer • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC527037
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511