4102 NW 60th 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
Rental property for sale in Gainesville at 4102 NW 60th Ave, Gainesville, FL, 32653 generates $2,286/mo in rent and, after a $1,640/mo payment, leaves $63/mo in cash flow. Total monthly income is $2,286/mo, and annual cash flow is $750/yr on $111,053 invested. Return on cash invested sits at 20.58% in year one, and rental yield is 8.19% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 107.07% and total cumulative return in cash sums $118,904. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
10,454 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
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Listed by: Todd Louis • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls ID: #GC532888