114 SANTA CRUZ StreetEast PalatkaFL32131
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
Investment property for sale in East Palatka at 114 SANTA CRUZ Street, East Palatka, FL, 32131 earns $229/mo cash flow from $1,421/mo rent with a $879/mo payment. Total monthly income totals $1,421/mo, and annual cash flow totals $2,752/yr on $59,504 capital. ROI tracks 24.53% on current figures, and rental yield reads 9.5% at a $179,500 purchase. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,593 over five years. Five-year ROI reaches 128.29% and total cumulative return in cash sums $76,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,421/mo property income instead of your personal income.
Manufactured
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32131, East Palatka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,148 (100%) |
| Owner Occupied HU | 1,598 (74.4%) |
| Renter Occupied HU | 294 (13.7%) |
| Vacant Housing Units | 256 (11.9%) |
| Median Home Value | $345,878 |
| Average Home Value | $457,164 |
Housing Distribution
Address Breakdown
Residential
1,821
Single Family
1,764
Multi-Family
57
Businesses
148
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Listed by: KASSIDY BABCOCK • TIMBER TO TIDES REALTY LLC
Mls Name: realMLS
Mls ID: #2116387