109 NE Eleventh StSteinhatcheeFL32359
Nearby investment properties with comparable rents
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
Investment property for sale in Steinhatchee at 109 NE Eleventh St, Steinhatchee, FL, 32359 at $159,900 posts ROI 24.2% with $190/mo cash flow from $1,251/mo rent. Total monthly income equals $1,251/mo, and annual cash flow records $2,274/yr on $53,007 to close. Return on cash invested measures 24.2% and rental yield reads 9.39% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 126.49% and total cumulative return in cash totals $67,050.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,251/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1992
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32359, Steinhatchee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 776 (33.6%) |
| Renter Occupied HU | 123 ( 5.3%) |
| Vacant Housing Units | 1,409 (61.0%) |
| Median Home Value | $157,843 |
| Average Home Value | $241,553 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
633
Multi-Family
1
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Dewey Hatcher • Hatcher Realty Services, Inc. Steinhatchee
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls ID: #795991