117 LAKE VIEW AvenueGeorgetownFL32139
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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 Georgetown at 117 LAKE VIEW Avenue, Georgetown, FL, 32139 offers a 9.34% rental yield on a $199,900 purchase with $1,556/mo rent. Total monthly income registers $1,556/mo, and a $978/mo payment leaves $230/mo available for distribution. Annual cash flow reaches $2,758/yr on $66,267 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 125.75% and total cumulative return in cash at $83,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32139, Georgetown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 499 (58.2%) |
| Renter Occupied HU | 95 (11.1%) |
| Vacant Housing Units | 263 (30.7%) |
| Median Home Value | $163,663 |
| Average Home Value | $285,346 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
605
Multi-Family
1
Businesses
28
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Listed by: TEDRA BECKHAM PHILIPS • CENTURY 21 BECKHAM REALTY
Mls Name: realMLS
Mls ID: #2124461