109 TIMBER CourtPalatkaFL32177
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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 Palatka at 109 TIMBER Court, Palatka, FL, 32177 at $165,000 posts ROI 23.52% with $165/mo cash flow from $1,260/mo rent. Total monthly income equals $1,260/mo, and annual cash flow records $1,975/yr on $54,698 to close. Return on cash invested measures 23.52% and rental yield reads 9.16% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 122.83% and total cumulative return in cash totals $67,187.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,260/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2023
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32177, Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,930 (100%) |
| Owner Occupied HU | 7,125 (59.7%) |
| Renter Occupied HU | 3,553 (29.8%) |
| Vacant Housing Units | 1,252 (10.5%) |
| Median Home Value | $196,865 |
| Average Home Value | $299,967 |
Housing Distribution
Address Breakdown
Residential
10,671
Single Family
9,986
Multi-Family
685
Businesses
926
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Listed by: JULIE A THOMAS • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls Provider:
Mls ID: #2078653
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. Data is deemed reliable but is not guaranteed accurate by realMLS.