1065 S Mulberry StMonticelloFL32344
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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
Investment property for sale in Monticello at 1065 S Mulberry St, Monticello, FL, 32344 offers a 9.75% rental yield on a $190,000 purchase with $1,543/mo rent. Total monthly income registers $1,543/mo, and a $930/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,385/yr on $62,985 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 132.34% and total cumulative return in cash at $83,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,543/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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Listed by: Katherine M Gonzalez • Pearson Realty Inc.
Mls Name: TBR
Mls ID: #390890