118 LUTHER DriveInterlachenFL32148
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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 Interlachen at 118 LUTHER Drive, Interlachen, FL, 32148 listed at $148,500 pairs $1,397/mo rent with a $727/mo payment to leave $383/mo cash flow. Total monthly income runs $1,397/mo, and annual cash flow reaches $4,593/yr on $49,228 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 11.29% at a $148,500 basis. Equity gained on principal adds $958/yr, and annual property appreciation at 5% supports $41,028 by year five. Five-year ROI tracks 153.75% and total cumulative return in cash totals $75,687. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $727/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1993
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32148, Interlachen, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,057 (100%) |
| Owner Occupied HU | 4,058 (67.0%) |
| Renter Occupied HU | 999 (16.5%) |
| Vacant Housing Units | 1,000 (16.5%) |
| Median Home Value | $111,836 |
| Average Home Value | $185,614 |
Housing Distribution
Address Breakdown
Residential
4,848
Single Family
4,848
Multi-Family
0
Businesses
178
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Listed by: JODY ROBINSON • NICOSIA REALTY INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2085452
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.