601 NW 35th TerGainesvilleFL32607
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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 601 NW 35th Ter, Gainesville, FL, 32607 offers a 10.06% rental yield on a $314,900 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,541/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,607/yr on $104,389 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $2,032/yr while 5% annual appreciation supports $87,001 over five years. Portfolio math shows five-year ROI at 137.37% and total cumulative return in cash at $143,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,541/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,454 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: Viktor Jiracek • MILLER REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #GC535475