501 SW 75th St APT A8GainesvilleFL32607
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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 501 SW 75th St APT A8, Gainesville, FL, 32607 listed at $195,000 pairs $1,531/mo rent with a $954/mo payment to leave $237/mo cash flow. Total monthly income runs $1,531/mo, and annual cash flow reaches $2,848/yr on $64,643 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 9.42% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 127.1% and total cumulative return in cash totals $82,162. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,531/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
1,396 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32607, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,114 (100%) |
| Owner Occupied HU | 4,952 (27.3%) |
| Renter Occupied HU | 11,529 (63.6%) |
| Vacant Housing Units | 1,633 ( 9.0%) |
| Median Home Value | $392,152 |
| Average Home Value | $427,897 |
Housing Distribution
Address Breakdown
Residential
14,306
Single Family
9,030
Multi-Family
5,276
Businesses
632
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Listed by: Jonathan Mills • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls ID: #GC533603