11950 NE 116th StArcherFL32618
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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 Archer at 11950 NE 116th St, Archer, FL, 32618 uses $34,808 cash to close to unlock $1,597/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $830/mo, and a $514/mo payment keeps the spread at $133/mo. Purchase price stands at $105,000, and rental yield measures 9.49% with $830/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash records $44,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $830/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
4.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32618, Archer, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,225 (100%) |
| Owner Occupied HU | 2,511 (77.9%) |
| Renter Occupied HU | 468 (14.5%) |
| Vacant Housing Units | 246 ( 7.6%) |
| Median Home Value | $313,277 |
| Average Home Value | $342,641 |
Housing Distribution
Address Breakdown
Residential
2,887
Single Family
2,887
Multi-Family
0
Businesses
115
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