10140 Erickson AveHastingsFL32145
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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 Hastings at 10140 Erickson Ave, Hastings, FL, 32145 priced at $283,990 converts $1,727/mo rent into after a $1,390/mo obligation. Total monthly income equals $1,727/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 7.3% against a $283,990 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,461 by year five. Five-year ROI reaches 92.68% and total cumulative return in cash sums $87,253. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,727/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32145, Hastings, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 2,077 (77.1%) |
| Renter Occupied HU | 352 (13.1%) |
| Vacant Housing Units | 264 ( 9.8%) |
| Median Home Value | $216,616 |
| Average Home Value | $310,785 |
Housing Distribution
Address Breakdown
Residential
2,347
Single Family
2,347
Multi-Family
0
Businesses
110
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Listed by: Trish Lohela • HOLIDAY BUILDERS GULF COAST
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7512147
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511