1180 E Washington StMonticelloFL32344
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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 Monticello at 1180 E Washington St, Monticello, FL, 32344 uses $102,434 cash to close to unlock $13,918/yr annual cash flow and $1,160/mo monthly cash flow. Total monthly income runs $3,210/mo, and a $1,512/mo payment keeps the spread at $1,160/mo. Purchase price stands at $309,000, and rental yield measures 12.47% with $3,210/mo rent. Return on cash invested shows 33.5% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 176.29% and total cumulative return in cash records $180,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,210/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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Listed by: Brenna Kelly Ward • Kelly & Kelly Properties, Inc
Mls Name: TBR
Mls Provider:
Mls ID: #366252
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. Information is deemed reliable but not guaranteed.