7386 NW 47th WayGainesvilleFL32653
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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 7386 NW 47th Way, Gainesville, FL, 32653 generates $2,414/mo in rent and, after a $1,341/mo payment, leaves $226/mo in cash flow. Total monthly income is $2,414/mo, and annual cash flow is $2,709/yr on $90,831 invested. Return on cash invested sits at 22.89% in year one, and rental yield is 10.57% on a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash sums $110,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,414/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
871 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32653, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,367 (100%) |
| Owner Occupied HU | 4,705 (73.9%) |
| Renter Occupied HU | 1,470 (23.1%) |
| Vacant Housing Units | 192 ( 3.0%) |
| Median Home Value | $322,125 |
| Average Home Value | $361,276 |
Housing Distribution
Address Breakdown
Residential
6,266
Single Family
5,766
Multi-Family
500
Businesses
387
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Listed by: Susan Hicks • RABELL REALTY GROUP LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #GC528962
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