6128 SW 8th PlGainesvilleFL32607
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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
Rental property for sale in Gainesville at 6128 SW 8th Pl, Gainesville, FL, 32607 generates $1,523/mo in rent and, after a $757/mo payment, leaves $342/mo in cash flow. Total monthly income is $1,523/mo, and annual cash flow is $4,099/yr on $51,285 invested. Return on cash invested sits at 27.9% in year one, and rental yield is 11.81% on a $154,707 entry. Equity gained on principal adds $998/yr, while 5% annual appreciation builds toward $42,743 over five years. Five-year ROI reaches 147.64% and total cumulative return in cash sums $75,716. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,523/mo property income rather than buyer’s personal income.
Condo
Built in 1983
871 sqft lot
$N/A/sqft
$155 monthly 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: Craig Wilburn • KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC525660
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511