116 GREER LaneHawthorneFL32640
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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 Hawthorne at 116 GREER Lane, Hawthorne, FL, 32640 uses $49,725 cash to close to unlock $897/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $734/mo payment keeps the spread at $75/mo. Purchase price stands at $150,000, and rental yield measures 8.56% with $1,070/mo rent. Return on cash invested shows 21.71% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 113.1% and total cumulative return in cash records $56,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32640, Hawthorne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,734 (67.3%) |
| Renter Occupied HU | 791 (14.3%) |
| Vacant Housing Units | 1,023 (18.4%) |
| Median Home Value | $223,379 |
| Average Home Value | $249,071 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
201
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Listed by: TUCKER ALEXANDER • IHEART REALTY INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2082536
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. Data is deemed reliable but is not guaranteed accurate by realMLS.