619 SE 12th TerGainesvilleFL32641
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 619 SE 12th Ter, Gainesville, FL, 32641 in Gainesville. Rental yield 7.04%. The 1.30 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $82,884 and $2,763/yr in principal reduction project total return of $99,436.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $(232) | $300 |
City averages based on Gainesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,759 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32641, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 3,095 (54.8%) |
| Renter Occupied HU | 1,963 (34.7%) |
| Vacant Housing Units | 591 (10.5%) |
| Median Home Value | $202,369 |
| Average Home Value | $236,539 |
Housing Distribution
Address Breakdown
Residential
5,354
Single Family
4,903
Multi-Family
451
Businesses
185
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
Single Family
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32641, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,649 (100%) |
| Owner Occupied HU | 3,095 (54.8%) |
| Renter Occupied HU | 1,963 (34.7%) |
| Vacant Housing Units | 591 (10.5%) |
| Median Home Value | $202,369 |
| Average Home Value | $236,539 |
Housing Distribution
Address Breakdown
Residential
5,354
Single Family
4,903
Multi-Family
451
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A