683 Queens RdGainesvilleFL32607
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
Rental property for sale in Gainesville at 683 Queens Rd, Gainesville, FL, 32607 priced at $115,000 pairs $883/mo rent with $120/mo cash flow after a $563/mo payment. Total monthly income equals $883/mo, and annual cash flow comes to $1,437/yr on $38,123 invested. Return on cash invested is 23.68% in year one, and rental yield stands at 9.21% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 123.67% and total cumulative return in cash reaches $47,145. For financing, Ziffy Mortgage’s DSCR program evaluates $883/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2025
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A