119 CANINE StreetInterlachenFL32148
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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 Interlachen at 119 CANINE Street, Interlachen, FL, 32148 priced at $249,000 converts $2,284/mo rent into $631/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,284/mo, and annual cash flow totals $7,576/yr on $82,544 invested. Return on cash invested prints 29.09% in year one, and rental yield reads 11.01% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 152.69% and total cumulative return in cash sums $126,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Manufactured
Built in 1991
0.40 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: SUE NICOSIA • NICOSIA REALTY INC.
Mls Name: realMLS
Mls Provider:
Mls ID: #2083153
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.