1130 NW 42nd PlOcalaFL34475
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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 Ocala at 1130 NW 42nd Pl, Ocala, FL, 34475 listed at $117,900 pairs $1,049/mo rent with a $577/mo payment to leave $267/mo cash flow. Total monthly income runs $1,049/mo, and annual cash flow reaches $3,200/yr on $39,084 cash to close. Return on cash invested measures 28.1% in year one, and rental yield registers 10.68% at a $117,900 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,574 by year five. Five-year ROI tracks 147.4% and total cumulative return in cash totals $57,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,049/mo property income relative to a $577/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1985
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34475, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,612 (100%) |
| Owner Occupied HU | 2,667 (47.5%) |
| Renter Occupied HU | 2,291 (40.8%) |
| Vacant Housing Units | 654 (11.7%) |
| Median Home Value | $225,000 |
| Average Home Value | $261,446 |
Housing Distribution
Address Breakdown
Residential
5,182
Single Family
4,114
Multi-Family
1,068
Businesses
805
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Listed by: James Thompson, III • MAGNOLIA HOMES AND LAND LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM692457
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511