11150 Highway 97Mc DavidFL32568
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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 Mc David at 11150 Highway 97, Mc David, FL, 32568 uses $49,692 cash to close to unlock $1,763/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,142/mo, and a $734/mo payment keeps the spread at $147/mo. Purchase price stands at $149,900, and rental yield measures 9.14% with $1,142/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 122.43% and total cumulative return in cash records $60,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,142/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32568, Mc David, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,375 (100%) |
| Owner Occupied HU | 1,078 (78.4%) |
| Renter Occupied HU | 162 (11.8%) |
| Vacant Housing Units | 135 ( 9.8%) |
| Median Home Value | $318,701 |
| Average Home Value | $331,315 |
Housing Distribution
Address Breakdown
Residential
1,380
Single Family
1,380
Multi-Family
0
Businesses
47
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