The Messina Plan, LuganoGainesvilleFL32608
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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 The Messina Plan, Lugano, Gainesville, FL, 32608 offers a 9.55% rental yield on a $387,500 purchase with $3,083/mo rent. Total monthly income registers $3,083/mo, and a $1,897/mo payment leaves $316/mo available for distribution. Annual cash flow reaches $3,793/yr on $128,456 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $2,500/yr while 5% annual appreciation supports $107,059 over five years. Portfolio math shows five-year ROI at 119.96% and total cumulative return in cash at $154,095. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,083/mo property income against a $1,897/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32608, Gainesville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,458 (100%) |
| Owner Occupied HU | 9,587 (37.7%) |
| Renter Occupied HU | 13,938 (54.7%) |
| Vacant Housing Units | 1,933 ( 7.6%) |
| Median Home Value | $394,846 |
| Average Home Value | $429,933 |
Housing Distribution
Address Breakdown
Residential
23,637
Single Family
12,924
Multi-Family
10,713
Businesses
1,001
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Listed by: N/A • Emmer Development Corp.
Mls Name: Emmer Development Corp
Mls Provider:
Mls ID: #N/A