1120 NE Shrine Club RdMadisonFL32340
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
Rental property for sale in Madison at 1120 NE Shrine Club Rd, Madison, FL, 32340 offers $1,549/mo rent that, after a $1,101/mo payment, leaves $56/mo cash flow. Total monthly income is $1,549/mo, and annual cash flow is $673/yr on $74,588 cash. Return on cash invested measures 20.81% in year one, and rental yield stands at 8.26% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 108.32% and total cumulative return in cash reaches $80,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,549/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32340, Madison, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,847 (100%) |
| Owner Occupied HU | 2,869 (59.2%) |
| Renter Occupied HU | 1,229 (25.4%) |
| Vacant Housing Units | 749 (15.5%) |
| Median Home Value | $142,167 |
| Average Home Value | $204,320 |
Housing Distribution
Address Breakdown
Residential
4,063
Single Family
3,919
Multi-Family
144
Businesses
342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Webb • A Main Street Realty Co, LLC
Mls Name: TBR
Mls Provider:
Mls ID: #383431
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. Information is deemed reliable but not guaranteed.