118 OLD SHELL HARBOR RoadSatsumaFL32189
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
Investment property for sale in Satsuma at 118 OLD SHELL HARBOR Road, Satsuma, FL, 32189 earns $107/mo cash flow from $1,647/mo rent with a $1,136/mo payment. Total monthly income totals $1,647/mo, and annual cash flow totals $1,283/yr on $76,908 capital. ROI tracks 21.58% on current figures, and rental yield reads 8.52% at a $232,000 purchase. Equity gained on principal adds $1,497/yr, and 5% annual appreciation supports $64,097 over five years. Five-year ROI reaches 112.37% and total cumulative return in cash sums $86,423. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,647/mo property income instead of your personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices