11-2 W Pine StLanark VillageFL32323
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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 Lanark Village at 11-2 W Pine St, Lanark Village, FL, 32323 priced at $134,300 pairs $0/mo rent with after a $657/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.1% in year one, and rental yield stands at 0% on a $134,300 basis. Equity gained on principal adds $867/yr, and 5% annual appreciation accumulates to $37,105 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $657/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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No similar rental properties found nearby.
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Listed by: Maggie Baysinger • Jeff Galloway Real Estate
Mls Name: Forgotten Coast Realtor Association
Mls ID: #322510