815 NE 12th 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 815 NE 12th Ave, Gainesville, FL, 32601 listed at $441,000 pairs $2,086/mo rent with a $2,158/mo payment. Total monthly income runs $2,086/mo. Return on cash invested measures 13.01% in year one, and rental yield registers 5.68% at a $441,000 basis. Equity gained on principal adds $2,846/yr, and annual property appreciation at 5% supports $121,840 by year five. Five-year ROI tracks 66.45% and total cumulative return in cash totals $97,140. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,086/mo property income relative to a $2,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
10,454 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
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Listed by: Carla Willingham • INSPIRE FLORIDA REAL ESTATE, INC.
Mls Name: Stellar MLS
Mls ID: #GC535339