4046 NW 59th AveGainesvilleFL32653
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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 4046 NW 59th Ave, Gainesville, FL, 32653 listed at $349,500 pairs $2,664/mo rent with a $1,711/mo payment to leave $306/mo cash flow. Total monthly income runs $2,664/mo, and annual cash flow reaches $3,675/yr on $115,859 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 9.15% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 120.61% and total cumulative return in cash totals $139,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,664/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
8,712 sqft lot
$N/A/sqft
$38 monthly 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
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Listed by: Sherman Bryan, Jr. • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC528792
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