108 BARCELONA StreetEast PalatkaFL32131
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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 East Palatka at 108 BARCELONA Street, East Palatka, FL, 32131 offers $2,530/mo rent that, after a $1,312/mo payment, leaves $751/mo cash flow. Total monthly income is $2,530/mo, and annual cash flow is $9,015/yr on $88,842 cash. Return on cash invested measures 30.06% in year one, and rental yield stands at 11.33% at a $268,000 entry. Equity gained on principal adds $1,729/yr while 5% annual appreciation compounds into $74,043 by year five. Five-year ROI records 157.88% and total cumulative return in cash reaches $140,265. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,530/mo property income versus a $1,312/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32131, East Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,148 (100%) |
| Owner Occupied HU | 1,598 (74.4%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 256 (11.9%) |
| Median Home Value | $345,878 |
| Average Home Value | $457,164 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,764
Multi-Family
57
Businesses
148
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Listed by: BRANDON A SMILEY • YOUR CHOICE REAL ESTATE
Mls Name: realMLS
Mls ID: #2092264