1147 SW Grandview StLake CityFL32025
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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 1147 SW Grandview St, Lake City, FL, 32025 priced at $114,900 pairs $877/mo rent with $99/mo cash flow after a $562/mo payment. Total monthly income equals $877/mo, and annual cash flow comes to $1,182/yr on $38,089 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 9.16% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 120.29% and total cumulative return in cash reaches $45,818. For financing, Ziffy Mortgage’s DSCR program evaluates $877/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1976
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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Listed by: Missy Zecher • REMAX PROFESSIONALS, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #122426
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.