12350 SE 128th CtOcklawahaFL32179
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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 Ocklawaha at 12350 SE 128th Ct, Ocklawaha, FL, 32179 generates $1,901/mo in rent and, after a $886/mo payment, leaves $700/mo in cash flow. Total monthly income is $1,901/mo, and annual cash flow is $8,397/yr on $60,002 invested. Return on cash invested sits at 33.9% in year one, and rental yield is 12.6% on a $181,000 entry. Equity gained on principal adds $1,168/yr, while 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 178.49% and total cumulative return in cash sums $107,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,901/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32179, Ocklawaha, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,360 (100%) |
| Owner Occupied HU | 3,521 (65.7%) |
| Renter Occupied HU | 796 (14.9%) |
| Vacant Housing Units | 1,043 (19.5%) |
| Median Home Value | $172,385 |
| Average Home Value | $253,740 |
Housing Distribution
Address Breakdown
Residential
4,382
Single Family
4,381
Multi-Family
1
Businesses
50
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Listed by: Alicia Lambert • RE/MAX Realty One
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #840366
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. Information is deemed reliable but not guaranteed.