11268 State Rd 238Lake ButlerFL32054
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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 Lake Butler at 11268 State Rd 238, Lake Butler, FL, 32054 earns from $2,040/mo rent with a $3,343/mo payment. Total monthly income totals $2,040/mo. ROI tracks 6.75% on current figures, and rental yield reads 3.58% at a $683,000 purchase. Equity gained on principal adds $4,407/yr, and 5% annual appreciation supports $188,700 over five years. Five-year ROI reaches 32.83% and total cumulative return in cash sums $73,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Single Family
Built in 1979
8.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
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Listed by: Kendra Carden • Country to Coast Realty
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #791378
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.