4510 NW 244th AveAlachuaFL32615
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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 Alachua at 4510 NW 244th Ave, Alachua, FL, 32615 generates $2,909/mo in rent and, after a $1,637/mo payment, leaves $662/mo in cash flow. Total monthly income is $2,909/mo, and annual cash flow is $7,945/yr on $110,887 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 10.44% on a $334,500 entry. Equity gained on principal adds $2,158/yr, while 5% annual appreciation builds toward $92,416 over five years. Five-year ROI reaches 141.99% and total cumulative return in cash sums $157,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,909/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
11.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
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Listed by: Amy Ebling • RE/MAX PROFESSIONALS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC528191
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