Written by: Sanjin Hadziomerovic
Introduction
Gainesville, FL, is well-known for being home to the University of Florida, which drives consistent demand for short-term rentals from students, visiting families, alumni, and sports fans. This guide examines some of the top-performing ZIP codes in Gainesville for short-term rental investments, detailing gross yields, annual revenue, and property values. Each area offers unique investment potential, catering to different types of visitors.
32601 – Downtown Gainesville/University of Florida
- Gross Yield: 9%
- Annual Revenue: $24,309
- Zillow Home Value: $262.0K
ZIP code 32601 encompasses the heart of Gainesville, including Downtown Gainesville and the University of Florida campus. This area is a hub of activity, with a high volume of visitors year-round due to events, academic activities, and tourism. With a gross yield of 9% and an annual revenue of $24,309, this ZIP code offers stable returns. The affordable home value of $262.0K provides an accessible entry for investors. With 552 full-time listings, competition is high, but the consistent demand makes it a reliable choice.
32607 – Archer Road/West Gainesville
- Gross Yield: 9%
- Annual Revenue: $24,732
- Zillow Home Value: $289.4K
The 32607 ZIP code includes areas around Archer Road and West Gainesville, which are popular due to their proximity to shopping centers, restaurants, and direct access to the university. This area’s gross yield of 9% and annual revenue of $24,732 reflect its popularity among visitors and residents alike. With a home value of $289.4K, 32607 is a great option for investors looking for properties that cater to both short-term visitors and long-term renters. The area has 255 full-time listings, indicating strong demand but moderate competition.
32609 – Northeast Gainesville
- Gross Yield: 8%
- Annual Revenue: $18,266
- Zillow Home Value: $219.2K
ZIP code 32609 covers Northeast Gainesville, a more residential area that appeals to budget-conscious travelers and families. With a gross yield of 8% and an annual revenue of $18,266, this ZIP code offers stable returns at an affordable entry point, with home values averaging $219.2K. The lower cost of properties in this area allows for a potentially higher return on investment. With only 86 full-time listings, investors may find less competition, making it an appealing choice for those entering the Gainesville market.
