117 S W TULIP PlaceLake 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
Investment property for sale in Lake City at 117 S W TULIP Place, Lake City, FL, 32025 at $195,000 posts ROI 35.51% with $840/mo cash flow from $2,134/mo rent. Total monthly income equals $2,134/mo, and annual cash flow records $10,084/yr on $64,643 to close. Return on cash invested measures 35.51% and rental yield reads 13.13% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 187.14% and total cumulative return in cash totals $120,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,134/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
N/A 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: TREVAN DAVIS • BOLD CITY REALTY GROUP INC
Mls Name: realMLS
Mls Provider:
Mls ID: #2115438
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.