109 Alma Yates StQuincyFL32351
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Nearby investment properties with comparable prices
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 Quincy at 109 Alma Yates St, Quincy, FL, 32351 offers $933/mo rent that, after a $578/mo payment, leaves $149/mo cash flow. Total monthly income is $933/mo, and annual cash flow is $1,794/yr on $39,117 cash. Return on cash invested measures 24.49% in year one, and rental yield stands at 9.49% at a $118,000 entry. Equity gained on principal adds $761/yr while 5% annual appreciation compounds into $32,601 by year five. Five-year ROI records 128.09% and total cumulative return in cash reaches $50,103. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $933/mo property income versus a $578/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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Listed by: Windy Grigsby • Clover Key Realty
Mls Name: TBR
Mls Provider:
Mls ID: #385122
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.