4204 NW 66th TerGainesvilleFL32606
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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 4204 NW 66th Ter, Gainesville, FL, 32606 uses $102,765 cash to close to unlock $8,437/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,517/mo payment keeps the spread at $703/mo. Purchase price stands at $310,000, and rental yield measures 10.68% with $2,760/mo rent. Return on cash invested shows 28.12% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 147.5% and total cumulative return in cash records $151,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.40 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: Billy Dezius • KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG)
Mls Name: Stellar MLS
Mls ID: #FC313980