111 Bent Oak LnPalatkaFL32177
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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 Palatka at 111 Bent Oak Ln, Palatka, FL, 32177 priced at $389,000 pairs $2,597/mo rent with $15/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,597/mo, and annual cash flow comes to $186/yr on $128,954 invested. Return on cash invested is 20.05% in year one, and rental yield stands at 8.01% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 104.21% and total cumulative return in cash reaches $134,382. For financing, Ziffy Mortgage’s DSCR program evaluates $2,597/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in 2009
1.21 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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