12006 North Cres #349Live OakFL32060
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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 Live Oak at 12006 North Cres #349, Live Oak, FL, 32060 generates $1,554/mo in rent and, after a $1,121/mo payment, leaves $34/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $410/yr on $75,914 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 8.14% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 106.37% and total cumulative return in cash sums $80,753. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32060, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,483 (100%) |
| Owner Occupied HU | 6,531 (68.9%) |
| Renter Occupied HU | 1,803 (19.0%) |
| Vacant Housing Units | 1,149 (12.1%) |
| Median Home Value | $212,676 |
| Average Home Value | $246,963 |
Housing Distribution
Address Breakdown
Residential
8,716
Single Family
8,565
Multi-Family
151
Businesses
213
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