0 NW Hall Of Fame Dr #18Lake CityFL32055
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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 Lake City at 0 NW Hall Of Fame Dr #18, Lake City, FL, 32055 generates $1,620/mo in rent and, after a $971/mo payment, leaves $303/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $3,641/yr on $65,770 invested. Return on cash invested sits at 25.45% in year one, and rental yield is 9.8% on a $198,400 entry. Equity gained on principal adds $1,280/yr, while 5% annual appreciation builds toward $54,814 over five years. Five-year ROI reaches 133.15% and total cumulative return in cash sums $87,574. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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