5946 NW 88th WayGainesvilleFL32653
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
Investment property for sale in Gainesville at 5946 NW 88th Way, Gainesville, FL, 32653 earns from $3,594/mo rent with a $9,049/mo payment. Total monthly income totals $3,594/mo. ROI tracks 2.99% on current figures, and rental yield reads 2.33% at a $1,848,760 purchase. Equity gained on principal adds $11,930/yr, and 5% annual appreciation supports $510,778 over five years. Five-year ROI reaches 12.63% and total cumulative return in cash sums $75,632. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.
Single Family
Built in 2026
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Quigley • COLDWELL BANKER M.M. PARRISH REALTORS
Mls Name: Stellar MLS
Mls ID: #GC534286