11820 NW Highway 225ReddickFL32686
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 Reddick at 11820 NW Highway 225, Reddick, FL, 32686 offers a 9.59% rental yield on a $198,000 purchase with $1,582/mo rent. Total monthly income registers $1,582/mo, and a $969/mo payment leaves $268/mo available for distribution. Annual cash flow reaches $3,218/yr on $65,637 to close, and return on cash invested stands at 24.81% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,704 over five years. Portfolio math shows five-year ROI at 129.77% and total cumulative return in cash at $85,180. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,582/mo property income against a $969/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32686, Reddick, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,776 (100%) |
| Owner Occupied HU | 1,822 (65.6%) |
| Renter Occupied HU | 460 (16.6%) |
| Vacant Housing Units | 494 (17.8%) |
| Median Home Value | $361,867 |
| Average Home Value | $486,017 |
Housing Distribution
Address Breakdown
Residential
1,953
Single Family
1,953
Multi-Family
0
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices