COVINGTON Plan, BriarwoodAlachuaFL32615
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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 Alachua at COVINGTON Plan, Briarwood, Alachua, FL, 32615 priced at $372,990 pairs $3,238/mo rent with $762/mo cash flow after a $1,826/mo payment. Total monthly income equals $3,238/mo, and annual cash flow comes to $9,149/yr on $123,646 invested. Return on cash invested is 27.31% in year one, and rental yield stands at 10.42% on a $372,990 basis. Equity gained on principal adds $2,407/yr, and 5% annual appreciation accumulates to $103,050 by year five. Five-year ROI measures 143.13% and total cumulative return in cash reaches $176,972. For financing, Ziffy Mortgage’s DSCR program evaluates $3,238/mo property income against a $1,826/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32615, Alachua, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,783 (100%) |
| Owner Occupied HU | 5,984 (76.9%) |
| Renter Occupied HU | 1,318 (16.9%) |
| Vacant Housing Units | 481 ( 6.2%) |
| Median Home Value | $371,740 |
| Average Home Value | $415,490 |
Housing Distribution
Address Breakdown
Residential
6,804
Single Family
5,621
Multi-Family
1,183
Businesses
375
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