11630 SE 78th StMorristonFL32668
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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 Morriston at 11630 SE 78th St, Morriston, FL, 32668 uses $220,101 cash to close to unlock $14,770/yr annual cash flow and $1,231/mo monthly cash flow. Total monthly income runs $5,670/mo, and a $3,274/mo payment keeps the spread at $1,231/mo. Purchase price stands at $669,000, and rental yield measures 10.17% with $5,670/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 140.18% and total cumulative return in cash records $308,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,670/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 1995
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
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Listed by: Cookie King • Cookie King Real Estate, Inc.
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794474
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.