12534 Wedgefield DrGrand IslandFL32735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grand Island at 12534 Wedgefield Dr, Grand Island, FL, 32735 earns $27/mo cash flow from $2,017/mo rent with a $1,468/mo payment. Total monthly income totals $2,017/mo, and annual cash flow totals $320/yr on $99,417 capital. ROI tracks 20.23% on current figures, and rental yield reads 8.07% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash sums $104,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,017/mo property income instead of your personal income.
Single Family
Built in 1989
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crista Moffett • MOFFETT REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #G5105646