The Sicily Plan, LuganoGainesvilleFL32608
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Nearby investment properties with comparable prices
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 Sicily Plan, Lugano, Gainesville, FL, 32608 priced at $348,500 pairs $2,890/mo rent with $382/mo cash flow after a $1,706/mo payment. Total monthly income equals $2,890/mo, and annual cash flow comes to $4,584/yr on $115,528 invested. Return on cash invested is 23.88% in year one, and rental yield stands at 9.95% on a $348,500 basis. Equity gained on principal adds $2,249/yr, and 5% annual appreciation accumulates to $96,284 by year five. Five-year ROI measures 125.48% and total cumulative return in cash reaches $144,959. For financing, Ziffy Mortgage’s DSCR program evaluates $2,890/mo property income against a $1,706/mo payment instead of your W2s, 1099s, or 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