806 NW 21st StGainesvilleFL32603
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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 806 NW 21st St, Gainesville, FL, 32603 uses $115,694 cash to close to unlock $1,250/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $2,420/mo, and a $1,708/mo payment keeps the spread at $104/mo. Purchase price stands at $349,000, and rental yield measures 8.32% with $2,420/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 109.25% and total cumulative return in cash records $126,396. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,420/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32603, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,728 (100%) |
| Owner Occupied HU | 312 (11.4%) |
| Renter Occupied HU | 2,149 (78.8%) |
| Vacant Housing Units | 267 ( 9.8%) |
| Median Home Value | $395,098 |
| Average Home Value | $398,998 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
1,703
Multi-Family
620
Businesses
107
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Listed by: Eric Leightman • UNIVERSITY REALTY
Mls Name: Stellar MLS
Mls ID: #GC535991