119 Apalachee StLanark VillageFL32323
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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
Rental property for sale in Lanark Village at 119 Apalachee St, Lanark Village, FL, 32323 priced at $344,200 converts $2,759/mo rent into $475/mo cash flow after a $1,685/mo obligation. Total monthly income equals $2,759/mo, and annual cash flow totals $5,694/yr on $114,102 invested. Return on cash invested prints 24.9% in year one, and rental yield reads 9.62% against a $344,200 entry. Equity gained on principal adds $2,221/yr, while 5% annual appreciation compiles into $95,096 by year five. Five-year ROI reaches 130.21% and total cumulative return in cash sums $148,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,759/mo property income covering a $1,685/mo payment, not borrower’s personal income.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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