5701 SW 46th DrGainesvilleFL32608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gainesville at 5701 SW 46th Dr, Gainesville, FL, 32608 generates $2,076/mo in rent, after a $2,368/mo payment. Total monthly income is $2,076/mo. Return on cash invested sits at 11.42% in year one, and rental yield is 5.15% on a $483,785 entry. Equity gained on principal adds $3,122/yr, while 5% annual appreciation builds toward $133,661 over five years. Five-year ROI reaches 57.92% and total cumulative return in cash sums $92,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Cruz • DR HORTON REALTY OF WEST CENTRAL FLORIDA
Mls Name: Stellar MLS
Mls ID: #OM707166