118 LARIAT DriveFlorahomeFL32140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Florahome at 118 LARIAT Drive, Florahome, FL, 32140 offers $1,489/mo rent that, after a $1,028/mo payment, leaves $95/mo cash flow. Total monthly income is $1,489/mo, and annual cash flow is $1,143/yr on $69,615 cash. Return on cash invested measures 21.55% in year one, and rental yield stands at 8.51% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 112.29% and total cumulative return in cash reaches $78,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,489/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32140, Florahome, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 843 (100%) |
| Owner Occupied HU | 597 (70.8%) |
| Renter Occupied HU | 80 ( 9.5%) |
| Vacant Housing Units | 166 (19.7%) |
| Median Home Value | $213,477 |
| Average Home Value | $241,503 |
Housing Distribution
Address Breakdown
Residential
766
Single Family
766
Multi-Family
0
Businesses
31
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