5609 NW 53rd CtGainesvilleFL32653
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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 5609 NW 53rd Ct, Gainesville, FL, 32653 uses $207,237 cash to close to unlock $22,187/yr annual cash flow and $1,849/mo monthly cash flow. Total monthly income runs $6,029/mo, and a $3,083/mo payment keeps the spread at $1,849/mo. Purchase price stands at $629,900, and rental yield measures 11.49% with $6,029/mo rent. Return on cash invested shows 30.77% in year one, and 5% annual appreciation builds toward $174,030 over five years. Five-year ROI reaches 161.61% and total cumulative return in cash records $334,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,029/mo property income covering a $3,083/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32653, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,367 (100%) |
| Owner Occupied HU | 4,705 (73.9%) |
| Renter Occupied HU | 1,470 (23.1%) |
| Vacant Housing Units | 192 ( 3.0%) |
| Median Home Value | $322,125 |
| Average Home Value | $361,276 |
Housing Distribution
Address Breakdown
Residential
6,266
Single Family
5,766
Multi-Family
500
Businesses
387
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Listed by: Victoria Carlisle • Real Estate With Victoria, LLC
Mls Name: NFMLS
Mls ID: #129235