4370 NW 60th 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 4370 NW 60th Ter, Gainesville, FL, 32606 earns $302/mo cash flow from $2,396/mo rent with a $1,539/mo payment. Total monthly income totals $2,396/mo, and annual cash flow totals $3,627/yr on $104,257 capital. ROI tracks 23.39% on current figures, and rental yield reads 9.14% at a $314,500 purchase. Equity gained on principal adds $2,029/yr, and 5% annual appreciation supports $86,891 over five years. Five-year ROI reaches 122.14% and total cumulative return in cash sums $127,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,396/mo property income instead of your personal income.
Single Family
Built in 1990
8,712 sqft lot
$N/A/sqft
$7 monthly 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: Jonathan Colon • WATSON REALTY CORP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC531083
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