635 NE 9th AveGainesvilleFL32601
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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 635 NE 9th Ave, Gainesville, FL, 32601 earns from $2,639/mo rent with a $3,402/mo payment. Total monthly income totals $2,639/mo. ROI tracks 9.7% on current figures, and rental yield reads 4.56% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 48.67% and total cumulative return in cash sums $111,294. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,639/mo property income instead of your personal income.
Single Family
Built in 1938
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32601, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,113 (100%) |
| Owner Occupied HU | 2,117 (17.5%) |
| Renter Occupied HU | 8,676 (71.6%) |
| Vacant Housing Units | 1,320 (10.9%) |
| Median Home Value | $317,974 |
| Average Home Value | $337,267 |
Housing Distribution
Address Breakdown
Residential
8,340
Single Family
5,629
Multi-Family
2,711
Businesses
1,201
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Listed by: Bill Rohan • GORE-RABELL REAL ESTATE INC
Mls Name: Stellar MLS
Mls ID: #GC534686