119 PALMETTO RoadSatsumaFL32189
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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 Satsuma at 119 PALMETTO Road, Satsuma, FL, 32189 earns $517/mo cash flow from $1,496/mo rent with a $722/mo payment. Total monthly income totals $1,496/mo, and annual cash flow totals $6,205/yr on $48,896 capital. ROI tracks 32.6% on current figures, and rental yield reads 12.17% at a $147,500 purchase. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 over five years. Five-year ROI reaches 171.6% and total cumulative return in cash sums $83,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,496/mo property income instead of your personal income.
Manufactured
Built in 2023
0.46 Acres 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
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Listed by: KAYE JONES • CENTURY 21 TRITON REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2038635
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.