104 Penny Acres LnWelakaFL32193
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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 Welaka at 104 Penny Acres Ln, Welaka, FL, 32193 priced at $375,000 pairs $2,196/mo rent with after a $1,835/mo payment. Total monthly income equals $2,196/mo. Return on cash invested is 17.09% in year one, and rental yield stands at 7.03% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 88.3% and total cumulative return in cash reaches $109,767. For financing, Ziffy Mortgage’s DSCR program evaluates $2,196/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
6.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32193, Welaka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 444 (48.1%) |
| Renter Occupied HU | 96 (10.4%) |
| Vacant Housing Units | 384 (41.6%) |
| Median Home Value | $317,500 |
| Average Home Value | $463,868 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
409
Multi-Family
70
Businesses
53
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Listed by: Joy Pratt-Martin PA • LPT Realty, LLC
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1221029
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.