123 S Ward StQuincyFL32351
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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 Quincy at 123 S Ward St, Quincy, FL, 32351 uses $41,438 cash to close to unlock $7,467/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,452/mo, and a $612/mo payment keeps the spread at $622/mo. Purchase price stands at $125,000, and rental yield measures 13.94% with $1,452/mo rent. Return on cash invested shows 37.93% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 200.15% and total cumulative return in cash records $82,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1986
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32351, Quincy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,554 (60.2%) |
| Renter Occupied HU | 2,009 (26.6%) |
| Vacant Housing Units | 1,000 (13.2%) |
| Median Home Value | $152,517 |
| Average Home Value | $200,639 |
Housing Distribution
Address Breakdown
Residential
6,697
Single Family
6,393
Multi-Family
304
Businesses
512
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