10860 SW 62nd AveOcalaFL34476
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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 Ocala at 10860 SW 62nd Ave, Ocala, FL, 34476 uses $67,924 cash to close to unlock $7,874/yr annual cash flow and $656/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,003/mo payment keeps the spread at $656/mo. Purchase price stands at $204,900, and rental yield measures 11.81% with $2,016/mo rent. Return on cash invested shows 31.5% in year one, and 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 165.66% and total cumulative return in cash records $112,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1990
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34476, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,128 (100%) |
| Owner Occupied HU | 12,537 (82.9%) |
| Renter Occupied HU | 1,584 (10.5%) |
| Vacant Housing Units | 1,007 ( 6.7%) |
| Median Home Value | $330,575 |
| Average Home Value | $348,208 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,483
Multi-Family
473
Businesses
238
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