716 NE 10th AveGainesvilleFL32601
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
Total monthly income runs $2,373/mo, and a $1,762/mo payment. Purchase price stands at $360,000, and rental yield measures 7.91% with $2,373/mo rent. Return on cash invested shows 19.75% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 102.55% and total cumulative return in cash records $122,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,373/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Miller • MILLER REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #GC533282