1126 NW Ashley StLake CityFL32055
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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 Lake City at 1126 NW Ashley St, Lake City, FL, 32055 generates $1,502/mo in rent and, after a $1,074/mo payment, leaves $46/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $548/yr on $72,764 invested. Return on cash invested sits at 20.66% in year one, and rental yield is 8.21% on a $219,500 entry. Equity gained on principal adds $1,416/yr, while 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 107.49% and total cumulative return in cash sums $78,214. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
10,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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