107 NE Evans CtMicanopyFL32667
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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 Micanopy at 107 NE Evans Ct, Micanopy, FL, 32667 listed at $347,900 pairs $2,543/mo rent with a $1,703/mo payment to leave $234/mo cash flow. Total monthly income runs $2,543/mo, and annual cash flow reaches $2,809/yr on $115,329 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.77% at a $347,900 basis. Equity gained on principal adds $2,245/yr, and annual property appreciation at 5% supports $96,118 by year five. Five-year ROI tracks 116.52% and total cumulative return in cash totals $134,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,543/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32667, Micanopy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,716 (72.2%) |
| Renter Occupied HU | 373 (15.7%) |
| Vacant Housing Units | 287 (12.1%) |
| Median Home Value | $375,414 |
| Average Home Value | $374,668 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,737
Multi-Family
0
Businesses
124
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