5307 SW 88th CtGainesvilleFL32608
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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 5307 SW 88th Ct, Gainesville, FL, 32608 uses $88,511 cash to close to unlock $2,592/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $1,988/mo, and a $1,307/mo payment keeps the spread at $216/mo. Purchase price stands at $267,000, and rental yield measures 8.93% with $1,988/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 119.13% and total cumulative return in cash records $105,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,988/mo property income covering a $1,307/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32608, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,458 (100%) |
| Owner Occupied HU | 9,587 (37.7%) |
| Renter Occupied HU | 13,938 (54.7%) |
| Vacant Housing Units | 1,933 ( 7.6%) |
| Median Home Value | $394,846 |
| Average Home Value | $429,933 |
Housing Distribution
Address Breakdown
Residential
23,637
Single Family
12,924
Multi-Family
10,713
Businesses
1,001
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Listed by: McCall Griggs • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls ID: #GC534409