104 BLACKJACK CirclePalatkaFL32177
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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 Palatka at 104 BLACKJACK Circle, Palatka, FL, 32177 generates $1,891/mo in rent and, after a $1,223/mo payment, leaves $233/mo in cash flow. Total monthly income is $1,891/mo, and annual cash flow is $2,793/yr on $82,842 invested. Return on cash invested sits at 23.28% in year one, and rental yield is 9.08% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 121.52% and total cumulative return in cash sums $100,670. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,891/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32177, Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 7,125 (59.7%) |
| Renter Occupied HU | 3,553 (29.8%) |
| Vacant Housing Units | 1,252 (10.5%) |
| Median Home Value | $196,865 |
| Average Home Value | $299,967 |
Housing Distribution
Address Breakdown
Residential
10,671
Single Family
9,986
Multi-Family
685
Businesses
926
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Listed by: CAROLYN BECKHAM • CENTURY 21 BECKHAM REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2028165
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. Data is deemed reliable but is not guaranteed accurate by realMLS.