The Milo 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
Rental property for sale in Gainesville at The Milo Plan, Lugano, Gainesville, FL, 32608 priced at $476,500 converts $3,484/mo rent into $127/mo cash flow after a $2,332/mo obligation. Total monthly income equals $3,484/mo, and annual cash flow totals $1,525/yr on $157,960 invested. Return on cash invested prints 20.87% in year one, and rental yield reads 8.77% against a $476,500 entry. Equity gained on principal adds $3,075/yr, while 5% annual appreciation compiles into $131,648 by year five. Five-year ROI reaches 109.17% and total cumulative return in cash sums $172,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,484/mo property income covering a $2,332/mo payment, not borrower’s personal income.
Townhouse
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